Money Sense – handout 1

GRADE 4 LESSON 4

The Money Sense Quiz

1.  You find a new style of shoes you really like but they cost more than two times the price of a regular pair of shoes. You…

a.  Decide not to buy them. They are just too expensive.

b.  Wait a few weeks for a sale

c.  Look for the shoes in other store or on the Web, to find them at a cheaper price

d.  Buy them right now! Good shoes are hard to find.

2.  It’s your birthday and you got several cash gifts. You…

a.  Immediately put half in the bank and use the other half to buy something you want

b.  Put it all in a college fund

c.  Take all the cash with you to the mall and blow it while hanging out with your friends

d.  Put half in your savings and set aside the other half for gifts that you will have to buy for friends and family

3.  Your friend’s birthday is coming up; you…

a.  Chip in with other friends to have a pizza party

b.  Make a scrap book or home video for your friend

c.  Spend all your cash on an expensive gift

d.  Use part of your money to buy your friend a special gift

4.  You’ve been saving up to buy something special - a new cell phone, IPod, or video game. When you’re ready you…

a.  Buy the most expensive one you can find. Your friends will think you’re cool.

b.  Buy the cheapest one you can find and save money.

c.  Buy one that’s well made, and has lots of features you want at a reasonable price

d.  See if you can buy one off a friend that works and is in good condition.

*Adapted and Modified from the book” Kid’s Money Book: Earning Saving Spending Investing Donating” by Jamie Kyle McGillian, Ian Phillips (Illustrator)