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Money Skills: Purchasing and Banking
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I have $100 in my bank account. I have to pay $68 for my electricity bill. What is my new balance? (Hint: Subtract....)
My new balance is $32.00. I have $32 left in my bank account.
I am an adult. Is it safe to keep ALL my money in a piggy bank? (Or should I open a bank account?)
A bank is a safe place to keep money. Open a savings account and a checking account. Piggy banks only hold some cash.
What is the value of these coins? How many cents?
$0.01 penny, $0.05 nickel, $0.10 dime, $0.25 quarter
I want to buy 2 pencils. The store sells 2 pencils for $3.00. How much money does one pencil cost? (Hint: Use divide....)
$3.00 / 2 = $1.50 for one pencil
The produce in this store is on sale: 2 for $5.00. I only need one carrot. How much money will it cost? (Hint: Use divide...)
Use divide on your calculator: $5.00. / 2 = $2.50 for each item
I have $2.00 in my wallet. I want to buy a salad. Do I have enough?
No, I do not have enough money in my wallet.
I have $20 in my wallet. At Olive Garden, I want to buy a big plate of spaghetti to split with my family. It costs $10. Do I have enough?
Yes, I have enough money in my wallet.
A cashier is a community helper. Is it safe to talk to a cashier? What can you say?
Greet them, ask them for help if you need it.
I purchased lunch at Panera Bread. The cashier gave me a receipt. List 3 things you can read on a receipt.
Store information, item name, cost of items, total, payment method (cash or card), change
I have a monthly bill. I have to pay with money in my checking account. Do I ADD or SUBTRACT?
Subtract when you pay bills
It's Pay Day! I have money to DEPOSIT into my bank account. Do I ADD or subtract?
Add to deposit money in your bank account when you get paid.
To find the total cost, do I ADD or SUBTRACT?
Add to find totals