Saving and borrowing | Financial education | Quizalize & Oak National Academy

Starter quiz

Which of the lines goes through the point (2, 2)?
- A ✓
- B
- C
- D
- E
Which of the lines goes through the point (-2, 2)?
- A
- B
- C
- D ✓
- E
Fill in the missing coordinate which lies on the line shown. (2, ______)
- '7' ✓
Fill in the missing coordinate which lies on the line shown. (______, 1)
- '4' ✓
The distance-time graph below shows the distance from home for a particular journey. How far from home was I after 10 minutes?
- '8 km' ✓
The distance-time graph below shows the distance from home for a particular journey. What distance did I travel after I stopped for a rest?
- '8 km' ✓

When money is added to an account, it can be said that the account has been ______ with that amount.
- 'credited' ✓
Credit (rating) is a ______ score reflecting how trusted you are to pay back any money that you borrow.
- 'numerical' ✓
The graph below shows how long it will take to afford a £45 pair of shoes if £7.50 is saved each week. How many weeks will it take if no money is borrowed?
- '6' ✓
The graph below shows how long it will take to afford a £45 pair of shoes if £7.50 is saved each week. How many weeks will it take if £30 is borrowed?
- '2' ✓
The graph below shows how long it will take to afford a £45 pair of shoes if £7.50 is saved each week. How many weeks will it take if £5 is borrowed?
- '6' ✓
The graph below shows how long it will take to afford a £45 pair of shoes if £7.50 is saved each week. How many weeks will it take if £28 is borrowed?
- '3' ✓

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It is always better to borrow money so you can buy want you want right away.

Borrowing money means it will need to be paid back which takes time and can affect what you can do in the meantime.

Credit - When money is added to an account, it can be said that the account has been credited with that amount.
Credit - An account is in credit if there is money in it.
Credit - A credit (score) is a numerical score reflecting how trusted you are to pay back any money that you borrow.