Exercise 8

Taking the Savings Skills Test.


Now that you’ve taught kids the basics about setting their financial goals, it’s time to test their knowledge. See how savvy they’ve become at saving!

1. _____________________ is the MOST important first step in financial planning.

A.  Throwing money into the air
B.  Opening a savings account
C.  Setting a goal

2. You’ll reach your financial goal sooner if you ____ more money each month.

A.  Save
B.  Spend
C.  Eat

Carrie wants to be a writer. To reach her goal, she should ____.

A.  Save up for a writing class
B.  Buy nice pens
C.  Type very loudly