1. What does borrowing mean?

Using money or something with an agreement to return or repay it Receiving a gift you never return Saving money Comparing prices

2. What is a lender?

A person or organization that provides something to be repaid Someone who only shops A savings goal A receipt

3. What should a borrower understand before agreeing?

How and when repayment is required Only the color of the paperwork Nothing about the terms Only what they want to buy

4. Why is paying back borrowed money important?

It fulfills the repayment agreement It makes borrowing a gift It removes all future costs It doubles savings automatically

5. Can borrowing sometimes include interest?

Yes No, never Only for gifts Only for allowances

6. What is a responsible borrowing question?

Can I realistically repay this? Can I ignore the repayment? Can I hide the agreement? Can I spend without limits?

7. If you lend something to someone, what should be clear?

The terms for returning or repaying it That it never needs to return That there are no expectations That the borrower can ignore it

8. What is a key Money Agent lesson about borrowing?

Understand the terms and repayment responsibility Borrow anything you want Repayment never matters Every loan is free