Minted Generation: Money Score Test

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Quiz Questions

1.
1. Does your child have a sense of how money comes into your household?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
2.
2. Has your child had any experience earning money themselves, even in small ways?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
3.
3. Does your child see money as something earned through effort or helping others?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
4.
4. Is your child aware there are different ways to earn, working for money and owning things that generate it?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
5.
5. When your child wants something, do they think about how they could earn it?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
6.
6. Can your child recognise the difference between something they need and something they want?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
7.
7. Does your child pause, even briefly, before spending money?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
8.
8. Does your child connect tapping a card or phone with real money leaving?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
9.
9. Does your child have a rough sense of what everyday things cost?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
10.
10. Does your child notice how small purchases can build up over time?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
11.
11. Does your child set aside money for something they want in the future?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
12.
12. Has your child been introduced to the idea that money can grow over time?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
13.
13. Is your child aware that people can own parts of companies or investments?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
14.
14. Does your child understand that starting early gives money more time to grow?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
15.
15. Has your child talked about saving or working towards something bigger?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
16.
16. Does your child know that borrowing money usually means paying back more later?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
17.
17. Has your child come across credit cards or Buy Now Pay Later and what they involve?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
18.
18. Does your child understand that borrowed money still needs to be repaid?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
19.
19. Has your child been exposed to conversations about scams or online risks?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently
20.
20. Does your child have a sense that money decisions today can affect the future?
- A.
  Not yet
- B.
  Occasionally
- C.
  Starting to
- D.
  Often
- E.
  Consistently

Quiz Outcomes

1.
Starting Out
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What this meansYour child is at the beginning of understanding how money works.Right now, money may feel something that appears and disappears, rather than something to think about.At this stage, it’s common to see:Spending happen in the momentSaving not yet consistentLittle awareness of how money grows over timeThis is completely normal.Every child starts here.What matters is that this is where awareness beginsWhat to focus on nextKeep it simple. Keep it consistent.Start with one small habit:Introduce regular pocket moneyEncourage saving a small amount each timeTalk about money in everyday momentsThese small actions are what build understanding over time..Most families don’t know where to start.Now you do
2.
Building Basics
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What this meansYour child is starting to notice how money works.Some ideas are landing. They’re beginning to pause, think, and make more intentional choices, but it’s not consistent yet.At this stage, you may notice:Saving happens sometimes, but not every timeOccasional pause before spendingGrowing awareness, but habits are still formingThis is where things start to stick.With a bit of consistency, these early behaviours turn into lasting habits.What to focus on nextKeep building simple routines.Choose one or two habits to make consistent:Set a clear saving ruleCreate simple boundaries around spendingKeep money conversations part of everyday lifeConsistency matters more than doing everything at once.You’ve moved beyond awareness.Now it’s about making it stick
3.
On Track
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What this meansYour child is starting to think differently about money.They are noticing more, pausing more, and making more deliberate choices. Some habits are becoming consistent.At this stage, you will likely see:Regular saving starting to take shapeMore thoughtful spending decisionsGrowing confidence when handling moneyThis is where things begin to feel natural.With consistency, these behaviours become automatic.What to focus on nextBuild on what is already working.You can:Introduce clearer goals for savingEncourage more independent decisionsStart conversations about bigger, future choicesThis is where habits turn into long-term thinking.They’re not just reacting to money anymore.They’re starting to take control of it.
4.
Ahead of the Game
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What this meansYour child is thinking differently about money.They are not just reacting to it, they are starting to think ahead, make intentional choices, and understand how money can work for them.At this stage, you will likely see:Consistent saving and more deliberate spendingConfidence in making money decisionsCuriosity about how money grows and builds over timeThis is where real advantage begins.They’re not just building habits. They’re building perspective.What to focus on nextNow it’s about expanding their thinking.You can:Talk about longer-term goals and trade-offsIntroduce simple ideas around investing and ownershipEncourage planning for bigger outcomesKeep it simple. Keep it real.This is no longer just about managing money.It’s about using it to create choices.