___________
Financial education
Priority spending

Starter quiz

  • Match the words with their meanings.
    • Confluence means
      ⇔
      the place where two or more rivers meet. ✓
    • Affluence means
      ⇔
      the state of having lots of wealth. ✓
    • Influence means
      ⇔
      having the ability to change the behaviour of someone. ✓
  • What does borrow mean?
    • Hide money underground.
    • Give money to somebody else.
    • Take money from somebody which needs to be paid back.  ✓
    • Take money from somebody else without asking first.
  • Sofia borrows £2 from Jacob. She is given £5 spending money. What should she do?
    • Jacob can wait! She should buy a £5 toy
    • Pay Jacob back first  ✓
    • Buy Jacob a £2 present and give him that instead
    • Buy a £5 present for her mum
  • Jacob has some money to spend. What should he do with it?
    • Listen to his uncle and buy a book.
    • Listen to his dad and save it.
    • Listen to his mum and buy some socks.
    • Make his own choice.  ✓
  • Whose advice should Sofia listen to? Put them in order, starting with the person who might give the best advice on what Sofia should do with £10
    • 1
      ⇔
      A sensible friend who knows Sofia really well.
    • 2
      ⇔
      Her dad who is always telling her to save her money.
    • 3
      ⇔
      A close friend who is very good at spending money but terrible at saving it.
    • 4
      ⇔
      Somebody in her class who loves cuddly toys.
  • Match up the beginning and end of each piece of good advice.
    • Only borrow from
      ⇔
      someone who can afford it. ✓
    • Only lend to
      ⇔
      someone who might need it. ✓
    • Do not lend to
      ⇔
      someone who does not pay their debts. ✓
    • Do not borrow from
      ⇔
      someone you do not trust. ✓
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