Instructions
Read the questions carefully and write your answers in the spaces provided. Let's learn about wants and needs, goods and services, saving, spending, and bank accounts!
Wants and Needs
1. What is a "want"? Write your answer below:
2. What is a "need"? Write your answer below:
Goods and Services
3. List two goods that people buy:
4. List two services that people use:
Savings and Spending
5. What does it mean to save money? Write your answer below:
6. What are two reasons why people spend money? Write your answers below:
Bank Account
7. What is a bank account used for? Write your answer below:
8. Why is it important to save money in a bank account? Write your answer below: