SSeessssiioonn OOnnee

© 2009 JA Worldwide®, JA More than Money Quiz, Session 1

Fill in the blank with the correct answer.

1. When you take money out of an account, you ______________________ it.a. depositb. withdrawc. earn

2. While your money is in the bank, it earns ______________________.a. interestb. allowancec. withdrawals

3. You can __________ income from a small business, an after-school job, or an allowance.a. saveb. spendc. earn

4. You should practice making ______________________ decisions about money.a. badb. smartc. fast

5. What can a bank help you do? (Circle the correct answer)a. save moneyb. earn interestc. both

Quiz

Session Two

© 2009 JA Worldwide®, JA More than Money Quiz, Session 2

Fill in the blank or circle the correct answer.

1. A job _______________________ is an ability that comes from training or practice.a. skillb. investmentc. interest

2. Having a work ethic means:a. working for oneself, not for another person or company.b. making, buying, and selling goods and services.c. having a set of values based on hard work and doing the right thing.

3. Characteristics of a positive work ethic might include being:a. cooperative and respectfulb. late and messyc. loud and friendly

4. You are self-employed if you work for:a. your auntb. yourselfc. your friend

5. A mentor should serve as:a. an employeeb. a role modelc. a business partner

Quiz

Session Three

© 2009 JA Worldwide®, JA More than Money Quiz, Session 3

1. List a job you would like to have or a business you would like to own and threepersonal skills you have that will help you achieve your goal.____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2. List three skills you want to gain before beginning your job or business.____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Market research is the process of finding out what people in your community ________________,where and when they _________________ it, and how much they are willing to pay for it.

a. needb. getc. have

4. List three things you would like to know about your community if you wereconducting market research.____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

5. List one thing in your job or business that you would spend and save money on and oneway you would share it.

a. spend: _____________________________________b. save: _____________________________________c. share: _____________________________________

Quiz

Session Four

© 2009 JA Worldwide®, JA More than Money Quiz, Session 4

Match the term and the definition.

Term Definition

1. Business plan ___________

2. Estimate ___________

3. Expense ___________

4. Profit ___________

5. Start-up costs ___________

a. Money and time spent to start a business.

b. Income earned after all expenses are paid.

c. An organized outline showing a description of a proposed business.

d. Tells the customer how much to expect to pay for a good or service.

e. The amount of money paid for supplies and other needed items.

Quiz

Session Five

© 2009 JA Worldwide®, JA More than Money Quiz, Session 5

Match the term and the definition.

Term Definition

1. Business consumer ___________

2. Money management ___________

3. Personal consumer ___________

a. Making decisions about how to earn, share, save, and spend money.

b. A person who buys goods or services for her or his business.

c. A person who buys goods or services for his or her own use.

4. Choose an item you would like to buy. Then, follow the SMART consumer system to make decisions about your purchase: Stop, Make a plan, Ask questions, Review information, and Take action.

Item: ________________________________________________

Stop.

Think about this purchase.

(continued on next page)

Quiz

Make a plan for how you will purchase the item. Do you need to earn and save money? Howwill you do that? When do you need to make a decision about buying it?

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

Ask questions.

What do you need to know about the item? Who can you ask?

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

Review information.

Are you sure you want to buy the item? Do you know exactly what brand, size, color,or shape you want? Where will you buy it? Have you earned and saved all the moneyyou need?

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

________________________________________________________________________________________

Take action!

Make the purchase. Remember to keep your receipt in case you need to return the item.

Session Six

© 2009 JA Worldwide®, JA More than Money Quiz, Session 6

Track your saving and spending on the following transactions using the bank accountregister below.

1. Deposit $20.00 you received from your neighbor for walking her dog after school last month.

2. Withdraw $7.00 you spent to go to a movie.3. Deposit $25.00 you received from your grandmother for your birthday.4. Deposit $15.00 you earned selling old toys at your garage sale.5. Withdraw $11.00 you shared with your favorite charity.

Quiz

Ending Balance