Needs vs. Wants
Is water a need or a want?
What is a need?
Where can you keep your money safe at home?
What is a piggy bank?
You have $5. You spend $2 on a snack. How much do you have left?
Answer: What is $3?
What do you call money you keep to use later?
What is savings?
Is ice cream a need or a want?
What a want?
What does “saving” mean?
What is keeping money to use later?
If you have $10, can you spend $12?
What is no, because you don’t have enough money?
100: What is money you get for doing chores or work?
What is income or allowance?
Name three things that is a need.
What is food/clothes/home?
What is one place (not at home) where people save money?
What is a bank?
What is a budget?
What is a plan for how to spend and save money?
What do you call something you really want to buy in the future?
What is a savings goal?
Name three things that is a want.
What is toys/video games/sweets?
You want a toy that costs $20. You have $5. What should you do?
What is save more money until you have enough?
You get $6 each week. You want to save $2 and spend $4. Is that a budget?
What is yes, because you planned what to do with your money?
What do you call money you keep to use later?
What is savings?
Why is it important to know the difference?
What is so we spend money wisely?
Why should you save your money?
What is to use for emergencies and other ?
Why is making a budget a good idea?
What is so you don’t run out of money?
What is the word for the money you give to help others?
What is a donation?