2.11ABC Math Flashcard

Front

What is a withdrawal?

Back

A withdrawal is when you take money out of your bank account.

Front

What is a deposit?

Back

A deposit is when you put money into your bank account.

Front

What does it mean to spend money?

Back

To spend money means to use it to buy something.

Front

What does it mean to save money?

Back

To save money means to keep it for later use.

Front

If you have $55 and you want to keep it safe, what should you do?

Back

You should make a deposit at the bank.

Front

If Allie uses $50 to buy a bike, what is this an example of?

Back

This is an example of spending.

Front

How much money will Lexi have if she saves $4.00 each week for 5 weeks?

Back

Lexi will have $20.

Front

What is the opposite of saving money?

Back

The opposite of saving money is spending money.

Front

What is an ATM?

Back

An ATM is a machine that allows you to withdraw money from your bank account.

Front

What do you call money that you earn?

Back

Money that you earn is called income.