Finance-kids – Quiz Buddy

Finance for Kids

💰 Ready to be a Money Wiz?
Take this fun quiz and learn how to save, spend, and grow your coins! 🧠🪙

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1 / 20

1. Why is saving important?

A. To be ready for future needs

B. To buy unnecessary things

C. To show you have money

D. To spend faster

2 / 20

2. Which of these is a good money habit?

A. Forgetting your money

B. Saving regularly

C. Hiding coins

D. Spending fast

3 / 20

3. Why do people put money in a piggy bank?

A. To break it later

B. To keep money safe

C. To play with it

D. To make noise

4 / 20

4. What happens if you keep spending more than you earn?

A. You win a prize

B. You save more

C. You go into debt

D. You become rich

5 / 20

5. Which of these is a good saving goal?

A. To buy a bicycle later

B. To spend faster

C. To buy video games

D. To show off

6 / 20

6. What should you do before buying an expensive toy?

A. Buy it quickly

B. Ask friend to buy

C. Wait for ads

D. Compare prices and think

7 / 20

7. If you get Rs 100 and save Rs 20, how much did you spend?

A. Rs 70

B. Rs 90

C. Rs 80

D. Rs 50

8 / 20

8. You buy a toy for ?50 and sell it for ?70. What is this called?

A. Gift

B. Loss

C. Profit

D. Donation

9 / 20

9. What is the best way to grow your savings over time?

A. Give it away

B. Spend all at once

C. Grow it in savings or bank

D. Hide it forever

10 / 20

10. Why is it good to compare prices before buying something?

A. It saves time

B. It helps get discounts

C. It helps you spend wisely

D. It impresses friends

11 / 20

11. Which is a better habit?

A. Spending all money

B. Saving a part of what you get

C. Asking parents often

D. Not counting money

12 / 20

12. If you spend all your money on chocolate, what will you have left for tomorrow?

A. Extra savings

B. More chocolates

C. A bigger toy

D. Nothing left to spend

13 / 20

13. Which of these is an example of a need?

A. Video game

B. A robot toy

C. Healthy food

D. Fancy shoes

14 / 20

14. What is the smart thing to do with money received as a gift?

A. Save or invest it

B. Forget about it

C. Spend it all

D. Use it to buy junk food

15 / 20

15. What does it mean to earn money?

A. Getting money for doing work

B. Finding coins on road

C. Using money to buy toys

D. Borrowing from friends

16 / 20

16. What is a budget?

A. Plan for spending and saving

B. Money box

C. Bag of coins

D. List of books

17 / 20

17. What does saving money mean?

A. Keeping money for future

B. Forgetting where you kept money

C. Spending money fast

D. Hiding money

18 / 20

18. Why should we not spend more than we have?

A. To learn math

B. To avoid going broke

C. To make more friends

D. To get rewards

19 / 20

19. What does profit mean?

A. Spending money

B. Getting a gift

C. Money left after selling something

D. Finding money

20 / 20

20. What should you do if you get extra pocket money?

A. Lend it to friends

B. Throw it away

C. Save some for later

D. Spend all of it

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