Using Money pp. 4-15

What is one way you can save money safely?

• put it under your pillow

• put it in a savings account

• bury it in the garden

What is it called when you get money from a bank and have to pay it back?

• a loan

• a debt

• an account

What does the word invest mean?

• spend money

• give it to others

• use your money to make more money

What is an allowance?

• doing a chore for your parents that they pay you for

• doing a chore for your neighbor that they pay you for

• doing a chore for your sibling that they pay you for

What is an ATM (Automated Teller Machine)?

• an electronic banking machine that lets customers deposit and withdraw money

• an electronic banking machine that lets customers take other customers money

• an electronic banking machine that lets you take other customers money and not have to pay it back

What is a fancy synonym for the word money?

• bank

• debit

• currency

Why is saving money important?

• to give away

• to spend

• to live

What did people do before there was money?

• they stole from each other

• they bartered with each other

• they bought things from each other

What Country created the first paper money?

• America

• China

• Lydia

What are four ways you can use money?

• share, buy, save, invest

• spend, lose, buy, make

• save, buy, find, give