Saving
What is it called when you keep money instead of spending it?
Saving
What do you use to buy things?
Money
Is food a need or a want?
Need
Why do adults go to work?
To earn money
What is the name of U.S. paper money?
Dollars
Where do people usually keep their savings?
A bank or piggy bank
Before buying something, what should you ask yourself?
Do I really need it
Is a new video game a need or a want?
Want
What do we call the money you earn?
Income or paycheck
How many pennies equal one dollar?
100
Why is saving money important?
To buy something later or prepare for emergencies.
Is buying candy every day a need or a want?
Want
Is a house or apartment a need?
Yes
Name one job
Teacher, firefighter, doctor, etc.
What is worth more: four quarters or three quarters?
Four quarters ($1)
If you save $5 every week for 4 weeks, how much do you have?
$20
What is a budget?
A plan for your money
Give one example of a want
Toys, candy, games, etc
Can Kids earn money?
Yes (allowance, chores, lemonade stand).
What animal is on the back of the quarter?
Eagle
True or False: Saving a little every week can add up over time.
True
Why shouldn't you spend all your money?
So you'll have money later Or To put into savings
Why is it smart to pay for needs before wants?
Needs help us live safely and healthily
What's one way kids can earn extra money?
Chores, babysitting, pet sitting, etc.
What does "earn" mean?
To work for money