Social Studies Week 16 Income Earning

What kind of account do you get if you want to save money?

• a checking account

• a savings account

• a credit account

• a mortgage account

What will the bank give you if you save your money in an account?

• a reward

• interest

• a mortgage

• a car

What is one way you can buy a house?

• get a loan from the bank called a mortgage

• ask a friend for help

• get a savings account

• spend more than you save

What is a loan?

• a credit card

• money lent to someone by the bank

• a bank account

• a savings account

How can you earn money as an adult?

• receiving money in a birthday card

• helping your friend move houses

• volunteering at a soup kitchen

• getting a job