Budgeting
You should not spend more money than you have.
A. Yes, you should not spend more money than you have.
B. You can spend as much as you want.
A. Yes, you should not spend more money than you have.
How long it will take to save for something depends on how much you save each month.
A. Yes
B. No
A. Yes
What is a scam?
A. A plan to trick someone into giving them money or personal information.
B. A kind of canned meat.
A. A plan to trick someone into giving them money or personal information.
What should you use when you are writing a cheque?
A. a pencil so you can erase your mistakes
B. a pen so that nobody can change what you wrote
B. a pen so that nobody can change what you wrote
What is one way to spend the money you take out of the bank according to your budget?
A. the envelope method
B. the multiplication method
A. the envelope method
Which of these is an example of when you might need to use your emergency savings?
A. Your glasses break.
B. You want to go to a concert.
A. Your glasses break.
If you think a call is a scam should you
A. Don't answer or hang up.
B. Talk to the person and answer all their questions to find out if it is a scam.
A. Don't answer or hang up.
If you are saving up for a big trip, where is the safest place to keep your money?
A. in a jar on the kitchen counter
B. in your sock drawer
C. in the bank
C. in the bank
Can you make choices about what to spend your money on?
A. No
B. Yes, as long as you have enough money to pay for things you need.
B. Yes, as long as you have enough money to pay for things you need.
If you don't have enough money for something you really want, what can you do?
A. Use your grocery money to pay for it.
B. Save up for it.
B. Save up for it.
Which of these is an example of personal information?
A. What the time is.
B. What the weather is going to be.
C. Your social insurance number.
C. Your social insurance number.
When you take money out of the bank, you can ask for the kind of bills you want (for example, if you want $20 bills or $50 bills).
A. No, you have to take what they give you.
B. Yes, you can ask for the kind of bills if you want.
B. Yes, you can ask for the kind of bills if you want.
Which of these is an example of a need?
A. Going bowling
B. Groceries
C. a new video game
B. Groceries
Which of these methods is a way to make a good decision when you want to buy something you didn't plan to buy?
A. Buy anything that is on sale.
B. Don't buy it right away. Wait a while to see if you still think it is a good decision.
B. Don't buy it right away. Wait a while to see if you still think it is a good decision.
Scams are only done on the phone.
A. Yes
B. No, scams can also be in emails, texts, social media and other places.
B. No, scams can also be in emails, texts, social media and other places.
What is it called when you put money into the bank?
A. a withdrawal
B. a deposit
C. a bill
B. a deposit
Can you change your budget if things change?
A. No, your budget must always stay the same.
B. You can change your budget if something changes.
B. You can change your budget if something changes.
What is the first question to ask yourself if you are trying to decide if you should buy something?
A. Do I need it?
B. Did I see an ad for it?
A. Do I need it?
If you don't know if something is a scam or not, who should you ask?
A. someone you trust like a family member or support worker.
B. the person waiting at the bus stop
A. someone you trust like a family member or support worker.
Which two of these are kinds of bank accounts?
A. Chequing account
B. Facebook account
C. Savings account
A. Chequing account
and
C. Savings account