Chapter 2 Lesson 2 Making Good Choices

Front

What is the first step in order to make a choice about how to spend money?

Back

talk about the benefits of each choice

Front

What is the second step in making a choice about how to spend money?

Back

talk about the cost of each choice

Front

Making a _______ that shows the costs and benefits of each choice helps make a decision on how to spend the money.

Back

chart

Front

What is the purpose of saving money?

Back

to collect the amount of money you need to buy what you want

Front

How can you earn money to buy a good you want? Options: doing chores, or walking dogs, take it from your sibling's piggy bank, use the coins and only save the bills

Back

doing chores, or walking dogs

Front

What is a savings account?

Back

money saved in a bank, so it won't get lost or stolen

Front

Definition:the price of something

Back

the cost

Front

Definition:to use something now and give it back later

Back

borrow

Front

Definition:a good result from a choice you make

Back

benefit

Front

Definition:to keep your money to use later

Back

save