Smart Money: YES or NO?Online version

Click Yes or No on the correct answer

by Milambo
1

Buying shares in capital markets guarantees quick high returns.

2

All banks in Zambia offer completely free accounts for kids automatically.

3

If you forget your PIN, it’s fine to write it on a sticky note and carry it with you.

4

ATMs let you withdraw cash from your bank account.

5

A budget helps you decide how much money to save before you spend.

6

Insurance helps cover costs after unexpected events.

7

Saving in a bank can earn a small amount of interest over time.

8

Insurance premiums never change regardless of your health or risk.

9

Saving regularly can help you reach financial goals.

10

Saving money in a piggy bank earns more interest than a bank account is likely to earn.