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Money · Ages 10+ · Set C
Living below your means
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C
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Goal: 15 min
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Remember: Spending less than you earn leaves a gap, and the gap grows every month.

Questions

1
Which one is not true about the Bay Street neighbours?
🪙Means are the coins that come in🚫Living below your means means never buying anything🍦Living below your means can still include treats
2
Ten coins come in. Which spending leaves no gap?
spending eight of ten🔟spending ten of tenspending seven of ten
3
Which one is true about the Bay Street neighbours?
🔄Spending over your means has to come from savings or a loan🚫Living below your means means never buying anything💰A raise always means a bigger gap
4
Which one is not true about the Bay Street neighbours?
🌱A small gap grows a little every monthSpending everything you earn leaves a gap of two🤝Nobody is bad for owing coins
5
Which one is not true about the Bay Street neighbours?
💰A raise always means a bigger gap🌱A small gap grows a little every month🔄Spending over your means has to come from savings or a loan
6
Which one is true about the Bay Street neighbours?
Spending everything you earn leaves a gap of two🏪Extra spending is free, because the shop adds the coins🔄Spending over your means has to come from savings or a loan
7
Which one is true about the Bay Street neighbours?
🚫Living below your means means never buying anything😞Someone who owes coins did something shameful🍦Living below your means can still include treats
8
🏪True or false? Extra spending is free, because the shop adds the coins.
TrueFalse
9
🚫True or false? Living below your means means never buying anything.
TrueFalse
10
Which one is not true about the Bay Street neighbours?
🤝Nobody is bad for owing coinsSpending everything you earn leaves a gap of two📈After a raise, keeping spending the same grows the gap
11
Which one is not true about the Bay Street neighbours?
📏The gap is what is left between coming in and going out🏪Extra spending is free, because the shop adds the coins🫙A gap can pay for a surprise, a goal or a later jar
12
Which one is not true about the Bay Street neighbours?
🪙Means are the coins that come in📏The gap is what is left between coming in and going out😞Someone who owes coins did something shameful
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Answer key · Set C
Living below your means
1Living below your means means never buying anything
2spending ten of ten
3Spending over your means has to come from savings or a loan
4Spending everything you earn leaves a gap of two
5A raise always means a bigger gap
6Spending over your means has to come from savings or a loan
7Living below your means can still include treats
8False
9False
10Spending everything you earn leaves a gap of two
11Extra spending is free, because the shop adds the coins
12Someone who owes coins did something shameful
Mark each answer, count the right ones and write the score on the sheet.