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Finance 4 and 5
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When you have resources, what can you do with them?
Save or spend them
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Tell one example of SMART decision
-
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Everyone has the same amount of money
False
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When you buy things things, you are _______ money
Spending
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Tell one SMART decision
-
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Tell one example of WANTS
-
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How people earned money?
Working
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Tell one example of NEEDS
-
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What happens if you decide to spend all of your resources?
-
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When you keep your money in a piggy bank you are _______ money
Saving
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What should be satisfied first? Needs or wants
Needs
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Money is a limited resource
True
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Is one place in where you can save your money
Piggy bank
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Not everyone is able to satisfy their wants
True
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Money grows on trees
False
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