1. Which of the following is usually a need?
๐ The latest smartphone
๐ A school bag when the old one is damaged
๐ A new video game
โ Correct answer: A school bag when the old one can no longer be used.
2. What is most important when we save?
๐ Saving large amounts.
๐ Saving consistently.
๐ Saving only when we have money left over.
โ Correct answer: Saving consistently.
3. Before buying something, what is the best question to ask ourselves?
๐ Do my friends have it?
๐ Is it fashionable?
๐ Do I really need it?
โ Correct answer: Do I really need it?
4. If we buy something and later regret it, what does this mean?
๐ That we are not good at managing money.
๐ That we have learned something that will help us make better decisions in the future.
๐ That we should never buy anything again.
โ Correct answer: Mistakes help us learn.
5. Which habit can help us most in the future?
๐ Spending all our money as soon as we receive it.
๐ Thinking before we buy and saving consistently.
๐ Buying whatever is popular.
โ Correct answer: Thinking before we buy and saving consistently.
Scenario 1
You have โฌ20 in pocket money.
You want:
๐ to go out for food with friends (โฌ12),
๐ฎ you are saving for a game (โฌ60),
๐ฑ you found a phone case you like (โฌ15).
What do you choose?
โฌ I spend all โฌ20 today.
โฌ I buy only one of the things I want and keep the rest.
โฌ I do not buy anything and continue saving.
๐ก Think about it: Which choice brings you closer to your goals?
Scenario 2
A friend has bought the latest trainers, and everyone in your class is talking about them.
What do you do?
โฌ I buy them straight away.
โฌ I wait a few days and think about whether I really need them.
โฌ I look for a better or more affordable option.
๐ก There is not always just one right answer. What matters is making decisions based on our own needs, rather than simply because everyone else is doing the same.
Next to each example, decide whether it is a:
๐ข Need
๐ต Want
๐ It Depends
โก A new school bag because the old one is damaged.
โก The latest smartphone simply because it has just been released.
โก A pair of trainers.
โก A book I need for school.
โก Headphones because all my friends have them.
๐ก Discuss your answers. In some cases, the right answer may be โIt Dependsโ, depending on each personโs needs and circumstances.
โIโll start saving when I earn a high income.โ
โฌ Myth
โฌ Fact
โ Answer: Myth. Saving is a habit that starts with small amounts.
โItโs a good idea to wait a day before buying something I donโt really need.โ
โฌ Myth
โฌ Fact
โ Answer: Fact.
โIf I make a mistake with my money, it means I have failed.โ
โฌ Myth
โฌ Fact
โ Answer: Myth. Mistakes help us gain experience.
โAdvertising and social media can influence what we buy.โ
โฌ Myth
โฌ Fact
โ Answer: Fact.
Can you complete this mission over the next week?
โ I saved at least โฌ1.
โ I waited 24 hours before buying something I did not really need.
โ I recorded everything I spent for one day.
โ I identified something I wanted but ultimately decided not to buy.
โ I talked to a parent or guardian about how they manage household expenses.
Instructions: Read each clue and fill in the correct word. All the words relate to what you learned in the โSchool Lifeโ section.
1. It is not something we buy. It is what helps us achieve something in the future, even if we have to wait._ _ _ _ _ _ _ _ _ _
2. We use it to distinguish between what is truly essential and what we would simply like to have._ _ _ _ _ _
3. It is not money. It is the ability to wait instead of buying something immediately._ _ _ _ _ _ _
4. It helps us organise our income and expenses._ _ _ _ _ _ _ _ _ _ _ _ _
5. This is what we do before buying something instead of acting impulsively._ _ _ _ _ _ _ _ _
6. When we do something again and again, we develop a good..._ _ _ _ _ _ _ _
7. It is not always pleasant, but it helps us improve when we learn from it._ _ _ _ _
8. When we put money aside for a future goal, we are..._ _ _ _ _ _ _ _ _ _
9. This often influences us to buy things we may not need._ _ _ _ _ _ _ _ _ _
Use the correct answers to find the word that describes someone who: thinks before buying, organises their money, saves for their goals, learns from their mistakes, makes their own decisions._ _ _ _ _ _ _ _ _ _
โ Answers
Need
Patience
Budget
Think
Habit
Mistake
Saving
Advertising
Responsible
After completing this section, I can say that:
โ I can distinguish more clearly between needs and wants.
โ I think more carefully before making a purchase.
โ I understand why saving is important.
โ I can set a small financial goal.
โ I feel more prepared to make responsible financial decisions.
โญ CONGRATULATIONS๐
If you completed all six missions, you have taken an important step towards developing responsible financial habits!
Every small step counts. The habits we develop today can stay with us throughout our lives!
