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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 a loan from either a person or the bank

Salary: fixed money you get from a job usually every month, sometimes every week or day

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. __________________________________________________________________
Jennifer says no, since she has always used what she has bought at least once
Jennifer says she prefers to have money and be unhappy, because then she can help her family.
2. __________________________________________________________________
3. Jennifer says that if it is little money she doesn't usually charge them, but if it is a lot .she tells them to pay her
__________________________________________________________________
when they have it, not to worry.
4. __________________________________________________________________
She says she asks her siblings because she trusts them more.
She likes to pay cash for most things.
5. __________________________________________________________________
6. Jennifer says she would like to spend on a house
__________________________________________________________________
Spender he spends so much money on clothes
James is a ________________________

Sarah is a _________________________
Saber she spends money on what

on sale
save up
get back

credit card
cash
save up savings account

bills
loan mortgage

wealthy

taxes
coins

broke

atm
out
on

into
by
out
from
to
a

on

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