Spending and Saving - Week 19 Assessment

Which idea is supported by the photograph?

• Trey is borrowing his own money.

• Trey is saving his money for the future.

• Trey is spending his money on new toys.

• Trey is donating his money to the Red Cross.

What do banks and credit unions help people do?

• grow crops

• save money

• buy groceries

• make piggy banks

Which sentence is the best example of spending money on a need?

• Sierra bought a new video game.

• Jason bought two bags of candy.

• Sally bought food to make dinner.

• Juan bought a used baseball glove.

Choose the word that best completes the sentence: ________ money is purchasing something to satisfy a want or need.

• Donating

• Earning

• Saving

• Spending

Which term describes keeping part of your weekly allowance?

• Saving

• Donating

• Spending

Which term describes giving money to a fundraiser?

• Saving

• Donating

• Spending

Which term describes purchasing a scooter?

• Saving

• Donating

• Spending

What is the term for using money to satisfy a want or need?

• Donating

• Earning

• Saving

• Spending

What is the term for keeping money for future use?

• Donating

• Earning

• Saving

• Spending

What is the term for giving money to a cause?

• Donating

• Earning

• Saving

• Spending