Children's Money Savvy Questions

Introduction

Hi and welcome to your book –

‘Children’s Money Savvy Questions’

The idea behind this little book is to help and guide you to make the most of any money you get - and eventually earn - and help you get an idea of how to make the right choices when buying anything and paying your Bills. The questions are meant to be fun – so don’t stress over them! For most of them there is no right answer. You can choose any answer but it will either cost you more or you will get less for your money. It’s a matter of choice. That’s the point in fact, seeing what there is and choosing what’s right and best for you! You will only get so much money in life and everyone in the world will want it! So you need to know how to get the most of anything for the best price you can find. Hopefully you’ll get an idea of how to do that from the questions in this book. Read the whole question carefully, in them are clues to guide you in making a choice. Once you’ve chosen an answer you can check in the answers section to see how you did.

Good Luck!

Q1

You decide to buy a new Alarm Clock so you get up in time for school. You have £5 to spend & visit three shops:

Clocks ‘R’ Us have a basic one costing £2.99.

Davina’s Jewels has an ornamental clock costing £4.99.

Tony’s Timepieces have a smart looking clock costing £3.49.

You do not need to save any of your £5 so are free to spend some or all of it.

Which do you choose to buy & why?

Q2

Your old iron stops working. You need a new one but can only afford to spend £15. You have £20 when you go to town and visit the following shops:

Bhs - who have a green one for £16.99

Wilkinsons - who have a yellow one for £11.99

Asda – who have a red one for £12.99

Tesco – who have a blue one for £14.99

After visiting these shops a friend calls you and tells you she has a spare she will sell to you for £15.

Which do you choose to buy & why?

Q3

Your boyfriend needs a spanner to repair your car and gives you £30. He tells you that Halfords have a sale on and they have some on offer. When you get there you find the following:

Spanner Offer A – Set of 6 Spanners various sizes @ £24.99.

Spanner Offer B – Single Spanner the right size @ £10.99.

Spanner Offer C – Single Spanner the right size but ‘branded’ ‘BushKing’ @ £18.99.

Your boyfriend has lots of Spanners in his toolbox but is missing the size he has sent you out for. Which do you choose to buy & why?

Q4

You are playing at a friend’s house and in the game you are driving home from the funfair and your car breaks down. You have no idea what’s wrong and don’t have the skills to fix it yourself. It’s late at  night now and you just want to get home. You’ve just been paid and have £100 extra from overtime you’ve