Money Basics 💰
What is the name of the paper money used in the U.S.?
What is a dollar bill?
What is the name of the money you earn from a job?
What is income?
What is the difference between a price and a cost?
What is price is what you pay, and cost is what you give up?
What is a budget?
What is a plan for how to spend and save money?
What is a loan?
What is borrowed money you must pay back?
How many quarters are in one dollar?
What is 4?
What is the name of the place where people store money to keep it safe?
What is a bank?
If you buy something on sale for 50% off, what does that mean?
What is you only pay half the price?
If you earn $10 and spend $7, how much do you have left?
What is $3?
What is credit?
What is the ability to borrow money and pay it back later?
What is a person who designs and makes money called?
What is a mint worker or engraver?
Why is saving money important?
What is for emergencies or big purchases?
What is a comparison shopper?
What is a person who looks at prices before buying?
What are the three main parts of a budget?
What are income, expenses, and savings?
What is an investment?
What is putting money into something that can grow in value?
What does it mean when we say money has “value”?
What is money can be used to buy goods and services?
What is the difference between a need and a want?
What is a need is something necessary, and a want is extra?
Why should you make a shopping list before going to the store?
What is to avoid spending too much on things you don’t need?
Why is it important to track your spending?
What is to make sure you don’t run out of money?
Why should you be careful with credit cards?
What is they charge interest if you don’t pay on time?
What are three forms of money besides cash?
What are checks, credit cards, and digital payments?
What is interest, and how does it help your savings grow?
What is extra money the bank pays you for keeping money in an account?
What are three things that can influence what you buy?
What are advertisements, peer pressure, and discounts?
What does it mean to “live within your means”?
What is spending only what you can afford and not going into debt?
What does “diversifying your investments” mean?
What is putting money in different places to lower risk?