Goods and Services

What is spending?

• Putting your money away to use latter.

• Paying out money for goods and services.

What is saving?

• Putting your money away to use latter.

• Paying out money for goods and services.

How can you earn money?

• buying toys

• doing chores

The plumber works so that he can earn money to...

• buy the things that he wants and needs

• sale things that he wants and needs

Greg finds a nickel and puts it in his jar.

• spend

• save

Giving your birthday money to your parents to put in the bank is...

• saving

• spending

• producer

Windy found a quarter on on the sidewalk. She bought a gumball.

• spend

• save

Your mom need food to cook dinner.

• spending

• saving

Juan is going to a birthday party on Friday for his friend. He has $15 and has not bought a gift for his friend. Should he spend or save his money?

• Spend some of his money to buy a gift.

• Save all of his money and do not buy a gift.

Greg has decided that he wants to buy a new bike that costs $125 and he has $75. Does he need to spend or save his money?

• spend

• save