saving, spending, and donating

What is the difference between a want and a need?

• A want is something you would like to have, while a need is something you must have

• A want is something you must have, while a need is something you would like to have

• A want is more expensive than a need

Tags

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What is an example of a need?

• video game

• water

• toy

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What is spending?

• earning money

• saving money

• Using money to buy goods or services

Why is it important to spend money wisely?

• To have more money

• To impress others

• To make good purchasing decisions

Donating money is the only way to help others.

• true

• false

Donations can be made in the form of goods or services.

• true

• false

Donating time and volunteering is not considered a form of donation.

• true

• false

Saving money means spending all your money as soon as you get it.

• true

• false

Saving money can only be done by adults.

• true

• false

Where can you save money?

• In a shoebox under your bed

• In a bank account

• In a piggy bank

• All of the above