Saving and Spending

Which of these is a want?

• food
• house
• clothes
• art supplies

Which of these is a need?

• camera
• scooter
• Movies
• Water

What happens if you spend all your money on wants?

• You won't have enough money for your needs to survive.
• Because it's fun!
• It's being responsible.
• No one cares how you spend your money.

Video games, candy bar, ice cream are all . . . 

• needs
• wants

Why do people save money?

• to buy things now.
•  They want to give it away.
• To spend money.
• They can pay for things in the future.

You can save money in all these places EXCEPT

• piggy bank
• Bank
• Giving it to charity
• In your closet

What is a want?

• Something you need in order to survive.
• Something fun but not needed.
• Something you earn.
• Something taken from you.

What is a need?

• Something we need in order to survive.
• Something fun.
• Something we earn.
• Something automatically given to you.

Why do people need jobs?

• because they are bored
• to earn money for needs and wants
• because kids are in school all day
• to volunteer

To use money to pay for something.

• spending

• cost

• deposit

• finance