Beginner Course · Lesson 13 Assessment
Assessment: Giving Back: Why Generosity Is a Financial Skill
Check what you understood from Lesson 13 and apply it to real life.
Knowledge Check
Multiple Choice
1. Which of the following is NOT one of the five types of
giving from the lesson?
A. Money
B. Time
C. Investment
D. Skills
2. Sofia earns $200 per month and wants to give 5% to a cause
she cares about. How much is that per month and per year?
A. $5/month, $60/year
B. $10/month, $120/year
C. $20/month, $240/year
D. $40/month, $480/year
3. What is the biggest difference between reactive giving and
intentional giving?
A. Reactive giving is always bad and intentional giving is always
tax-deductible.
B. Reactive giving happens only online, while intentional giving happens
only in person.
C. Reactive giving responds to pressure or emotion; intentional giving
is planned around values and budget.
D. Reactive giving uses cash, while intentional giving uses credit
cards.
4. For most teens, what is the best reason to
give?
A. To get rich faster
B. To avoid ever paying taxes
C. Because the cause matters and giving builds values-based money
habits
D. Because all donations automatically reduce taxes
5. Zoe added a $10/month giving line and then spent less on
random wants. What best explains this?
A. Her bank automatically blocked purchases.
B. Giving clarified her values and made her more deliberate with
spending.
C. The charity refunded her money.
D. The $10 donation counted as income.
Short Answer
6. Explain how a student with no regular income can still practice generosity.
7. Why can giving be considered a financial skill instead of only a moral choice?
Real-World Action Challenge
Your Giving Plan — One Cause, One Commitment
Objective: Create a realistic giving plan that fits your current budget, schedule, and values.
Time Needed: 5–15 minutes
Instructions: 1. Answer these three questions: - What makes me angry? - What do I want more of in the world? - What story do I want to be part of? 2. Choose one cause connected to your answers. 3. Choose one giving type: - Money: $____ per month - Time: ____ hours per month - Skills: I will offer ________ - Goods: I will donate ________ - Micro-giving: $____ recurring 4. Decide where it fits: - From the 20% savings/future bucket - As a separate giving line - Time/skills only for now 5. Put the next action in your calendar or notes app.
Reflection Question: What cause did you choose, and why does it connect to your values or story?
Extension Challenge
Charity Check: Is This Organization Worth Supporting?
Objective: Research one organization and decide whether it is a strong place to give money, time, or skills.
Instructions: 1. Choose one organization connected to your cause. 2. Look up whether it is a qualified nonprofit or clearly legitimate. 3. Find its mission statement. 4. Look for transparency: annual report, financial information, impact report, or charity rating. 5. Write a short recommendation: - I would support this organization because… - I would not support this organization yet because… - One question I still have is…
Optional Calculation: If you gave 5% of your monthly income for one year, how much would you give annually?
Key Takeaways
- Generosity is a financial skill because it requires planning, budgeting, consistency, and values-based decisions.
- Money is only one type of giving; time, skills, goods, and micro-giving also count.
- A realistic teen starting point is 2–5% of income, or time/skills if money is tight.
- Give because the cause matters, not only for tax benefits.
- Intentional giving can make other spending decisions clearer.
Answer Key
Check your work only after finishing the assessment.
Question 1
Correct Answer: C — Investment
Explanation: The five types are money, time, skills,
goods/in-kind, and micro-giving. Investing is a financial activity, but
it is not one of the giving types in this lesson.
Question 2
Correct Answer: B — $10/month, $120/year
Explanation: $200 × 5% = $10 per month. $10 × 12 months
= $120 per year.
Question 3
Correct Answer: C
Explanation: Reactive giving happens when a request
appears. Intentional giving starts with values, planning, and
consistency.
Question 4
Correct Answer: C
Explanation: Tax benefits may apply in some situations,
but the main reason to give is impact and values-based money
behavior.
Question 5
Correct Answer: B
Explanation: Intentional giving can create a values
benchmark. Other spending decisions become easier to evaluate.
Question 6
Sample Answer: A student without regular income can
give time, skills, or goods. They could volunteer, tutor a classmate for
free, donate unused clothes or school supplies, or help a local
organization with social media or event setup.
Explanation: Generosity is not limited to cash. Time
and skills have real value.
Question 7
Sample Answer: Giving is a financial skill because it
requires planning, budgeting, research, consistency, and values-based
decision-making. The same habits that help someone save money can help
them give intentionally.
Explanation: Intentional giving uses practical money
skills, not just good intentions.