Money Basics
What do we call the coins and paper we use to buy things?
What is Money?
where do many kids keep their saved money at home?
What is a piggy bank?
Money kids earn for doing chores is usually called what?
What is an allowance?
Food, Water, and shelter are examples of what?
What are needs?
When you look for the cheapest price, you are doing what?
What is comparison shopping?
This word means the money you get back after paying more than something costs
What is change?
When you decide how much money you can spend, you are making a what?
What is a budget?
People who work at a job earn this kind of money regularly.
What is a salary or paycheck?
Video games, toys, and candy are examples of what?
What are wants?
A tag that shows a lower price than usual is called a what?
What is a sale?
This is the official money used in the United States
What is U.S dollars (or dollar bills)
If you save money for a new bike, the bike is your what?
What is a goal?
If you help someone with something, what have you done?
What is a service?
Shoes for school are a need. A second pair of fancy shoes is a what?
What is a want?
The amount of money taken off a price during a promotion is a what?
What is a discount?
What do we call the amount of money something costs?
What is price?
This type of savings account earns a little extra money over time.
What is an interest earning account?
The money a business earns from selling thins is called
What is profit?
Before buying something fun, you should make sure your what are covered first?
What are needs?
If a $20 shirts is 50% off, how much does it cost now?
What is $10?
This vocabulary term means giving up money now so you can get something later.
What is saving?
The money you don't spend and keep for emergencies is called what?
What are savings?
When you sell something that you have made yourself, like bracelets, what kind of job is that call
What is an entrepreneur?
Choosing between buying a want now or saving for a need later is an example of what kind of decision
What is a financial decision?
Buying something just because it looks cool—without thinking first—is called what?
What is an impulse buy?