Understanding Money: Save or Spend?

Front

spending

Back

Using money to buy things

Front

saving

Back

Keeping money for future use

Front

Who is a consumer?

Back

Someone who buys goods

Front

Who is a producer?

Back

Someone who makes goods

Front

What does it mean to deposit money?

Back

To put money into a bank

Front

What does it mean to withdraw money?

Back

To take money out of a bank

Front

How can you use a piggy bank?

Back

To save money for later

Front

Which of the following is an example of spending?

• Putting money in a piggy bank
• Buying a new book
• Depositing money in a bank
• Earning money from chores

Back

Buying a new book

Front

Which of the following is an example of saving?

• Buying a new toy
• Putting money in a piggy bank
• Spending money on candy
• Giving money to a friend

Back

Putting money in a piggy bank

Front

What does a producer do?

Back

Make goods to sell