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Saving or Expending money worksheet

Are you a saver or spender? Why? Discuss this question in class. Write down
your answer below:

Watch this video: https://www.youtube.com/watch?v=XJJZl3N3egw

Find the definitions about saving money in the video, write them down here:

Save: to keep some money aside


Savings: money that you have in the bank, in the savings account
Saving money for a rainy day: to put money aside in case of an emergency
Earn Money: to get money from a job
Make money: to get money from any source

Inherit money: To get money from a deceased relative


Borrow Money: to get money from a deceased relative
Salary: fixed money you get from a job usually every month, sometimes every week orday

Allowance: money that you get from your parents or other relatives for you schooling

Investment: using the money that you have to get more money

Budget: a financial plan

Watch this second video: https://www.youtube.com/watch?v=GH_JLA-


fkBY&ab_channel=BankofAmerica

List the things you can do to save money:

• Make a list of the thing


________________________________________________________________________
• Use coupons
________________________________________________________________________
• Plam your meals ahead of time and avoid take outs
________________________________________________________________________
• Save money on transport by either taking public transport or riding a bike
________________________________________________________________________
• Plan your activities ahead of time to avoid eatouts
________________________________________________________________________
• Find deals
________________________________________________________________________
1. __________________________________________________________________
2. __________________________________________________________________
3. __________________________________________________________________
4. __________________________________________________________________
5. __________________________________________________________________
6. __________________________________________________________________
spender
James is a ________________________
saver
Sarah is a _________________________

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