Saving and Spending

What do many people earn money by doing?

• Sleeping

• Working

• Playing

• Eating

What does scarcity mean?

• Wanting more than you can have

• Having unlimited money

• Buying everything you want

• Not wanting anything

What should you usually buy first?

• Things you want

• Things you need

• Toys

• Candy

What is a benefit of spending money right away?

• You can buy something big

• You have to wait longer

• You can buy something small

• You cannot buy anything

What might happen if you save your money?

• You can buy something more expensive later

• You might lose all your money

• You can never buy anything

• You have to spend it immediately

If you have five dollars, what would be the most responsible choice to do with it?

• Spend it all on a toy

• Save it for something big

• Give it away

• Do nothing with it

What do we have to consider when making choices about money?

• Only what we want

• The benefits and costs

• Other people's choices

• How much we have

What is a con of spending money right away?

• You can buy something small

• You might not have money left for other things

• You feel happy

• You can buy a lot

What does saving money sometimes require?

• Buying things you want

• Waiting longer

• Spending more

• Not buying anything

What do each of us need to think about regarding spending or saving?

• The weather

• The benefits and costs of our choices

• What our friends think

• How to spend it all