Q.1
Which of these is the best value for money?
  • Food costing £2 which will last a day
  • Food costing £10 which will last a week
  • Food costing £20 which will last a month
  • Food costing £100 which will last a year
Q.2
If you were offered 1 chocolate bar now, 2 but not until next week, 4 next month, or 10 in two months, all for just 10p, which would be the better value?
  • 1 bar right now
  • 2 bars next week
  • 4 bars next month
  • 10 bars in two months’ time
Q.3
Which of these is NOT a good reason to save money?
  • To have spare money in case of an emergency
  • To save up money for an expensive treat
  • Because money should never be spent
  • To save money for your retirement
Q.4
James spends 50p every day on a treat from the corner shop. How much does he spend in five days?
  • 50p
  • £1.50
  • £2.50
  • £5
Q.5
When you want to buy something but can’t choose which brand to buy, which of these is the best thing to base your decision on?
  • Good reviews of the product
  • How friendly the salesman is
  • Whether your friends will like it
  • How good the advert is
Q.6
Michael, Fiona and Janine all earn the same amount. Michael spends all his money every week. Fiona spends some and saves some, while Janine saves all hers. Who uses their money best?
  • Michael
  • Fiona
  • Janine
  • There is no right answer
Q.7
Where would be the best place to keep your savings?
  • In a safe
  • In a bank
  • Under a floorboard
  • Under the mattress
Q.8
Katy wants to save some of her money. Which of these should she not pay for and save the money instead?
  • The rent on her home
  • A trip to the cinema
  • Her electricity bill
  • Food to eat
Q.9
Henry got his first ever job. His mum told him to save as much money as he could. His dad told him to pay his bills and spend whatever was left over. His sister told him to spend it all on treats. Whose advice was the worst?
  • His mums’
  • His dad’s
  • His sister’s
  • There is no right answer
Q.10
Susan needs some new shoes to wear for work and she wants them to last. She asks her friends for advice: Jane says she should get the most expensive pair because all the cool people are wearing them. Phillipa says she could get the cheapest pair because she will only wear them at work. Mary says she should get a medium-priced pair because they will last longer than a cheap one. Who’s advice is best?
  • Phillipa’s
  • Jane’s
  • Mary’s
  • None of them
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