What is the name of a coin that is worth $0.05
NICKEL
What does it mean to save money?
3. Keeping some money aside for future needs or wants.
Ms. Galvez puts money aside in her piggy bank for a family vacation. This is an example of?
A. BORROWING
B. SAVING
C. DEPOSIT
SAVING
What is the name of a coin that is worth $0.10
DIME
What does it mean to withdrawal money?
2. Taking money out of your bank account to use.
Ms. Mohammed wants to buy a dress she saw at the mall. The dress is $100 but she only has $20. She asks Ms. Galvez for the rest of the money and tells her she will pay her back. What is this an example of?
A. SAVING
B. DEPOSIT
C. BORROWING
BORROWING
What is the name of a coin that is worth $0.25
QUARTER
what does it mean to deposit?
2. Putting money into your bank account.
Ms. Galvez realized that Ms. Mohammed was in need of classroom books. She decides to let her borrow some of hers. What is this an example of?
A. BORROWING
B. LENDING
C. WITHDRAWL
LENDING
What is the name of a coin that is worth $0.01
Penny
what does it mean to spend money?
3. Using money to buy things you need or want.
Ms. Moragne goes out to Target and buys to stickers for her class. What is this an example of?
A. LENDING
B. WITHDRAWL
C. BORROWING
BORROWING
What do four quarters make?
ONE DOLLAR
What does it mean to lend money?
1. Giving money to someone with the expectation that they will pay it back later.
Which is an example of responsible borrowing?
A. Cindy borrows money from her mom. Her mom needs the money back in three days. But Cindy pays back one year later.
B. Sofia borrows her friend's Barbie and gives it back broken in half.
C. Ms. Galvez borrows money from the bank to buy a car. She has 3 years to pay it. She pays all the money back in only one year.
C. Ms. Galvez borrows money from the bank to buy a car. She has 3 years to pay it. She pays all the money back in only one year.