Quiz Detail

Q1 . Your next student loan instalment is due in a week, but you need some money to tide you over until then. What is the best way to get some emergency cash?

A Dip into your student overdraft.

B Try and cut down on non-essentials & economise your spending, ask your parents/family to lend you some money.

C Borrow some money from a payday loan company.

Q2 . Supermarket fruit & veg is always the cheapest.

A True

B False

Q3 . You need some extra cash while out and about. What's the cheapest way of getting it?

A Withdraw some money from a cash machine using a debit card

B Withdraw some money from a cash machine using a credit card

C They're both the same

Q4 . Which type of card allows you to both withdraw funds from cash machines and pay in shops or online?

A Debit card

B Cash card

C Store card

Q5 . Credit cards which ask you to only repay a small amount of your balance every month (e.g. 2%) offer the best deal.

A True

B False

Q6 . Can your student ID card can be used to obtain discounts at shops, bars, restaurants and the cinema?

A Yes

B No

Q7 . It is free to use the vast majority of banks' cash machines no matter who you bank with.

A True

B False

Q8 . Going to a major supermarket is always the cheapest way of shopping.

A True

B False

Q9 . You have completed a student budget planner and discover you have a shortfall in your income and expenditure, should you:

A Consider taking on a part time job to supplement your income

B Review your spending to see if you can make savings or budget better

C Both of the above

Q10 . It is ok to have more than 1 student bank account.

A True

B False

Q11 . A contract phone tends to be better value than a pay as you go phone as the calls tend to be cheaper.

A True

B False

Q12 . Which is the worst pound for pound deal on boxes of cereals?

A Buy 2 get 1 free

B Get 40% extra free

C Get 33% off the price

Q13 . You can use your student ID card online to get student discounts.

A True

B False

University Of Manchester Money Quiz

Q1 . Your next student loan instalment is due in a week, but you need some money to tide you over until then. What is the best way to get some emergency cash?

Q2 . Supermarket fruit & veg is always the cheapest.

Q3 . You need some extra cash while out and about. What's the cheapest way of getting it?

Q4 . Which type of card allows you to both withdraw funds from cash machines and pay in shops or online?

Q5 . Credit cards which ask you to only repay a small amount of your balance every month (e.g. 2%) offer the best deal.

Q6 . Can your student ID card can be used to obtain discounts at shops, bars, restaurants and the cinema?

Q7 . It is free to use the vast majority of banks' cash machines no matter who you bank with.

Q8 . Going to a major supermarket is always the cheapest way of shopping.

Q9 . You have completed a student budget planner and discover you have a shortfall in your income and expenditure, should you:

Q10 . It is ok to have more than 1 student bank account.

Q11 . A contract phone tends to be better value than a pay as you go phone as the calls tend to be cheaper.

Q12 . Which is the worst pound for pound deal on boxes of cereals?

Q13 . You can use your student ID card online to get student discounts.