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Two Jars and a Piggy Bank

You get some money, but it is limited. Before you spend any, you split it into needs, wants, and savings.

In the picture

  1. A glass jar with coins: the part set aside for needs like food and soap.
  2. A glass jar with coins: the part set aside for wants like a small toy.
  3. A pink piggy bank: the part set aside as savings.

Examples

  • You get pocket money and put some aside for bus fare before buying a snack.
  • You receive birthday money and save part of it for a game you want later.

Quiz: Two Jars and a Piggy Bank (Age 11)

  1. Before you spend money, what should you do?

    • Plan how to share it among needs, wants, and savings.
    • Wait until all the money is gone.
    • Spend it all on the first thing you want.
  2. When you get some limited money, what does the card say to split it into?

    • Needs, wants, and savings.
    • Food, soap, and toys.
    • Needs, wants, and spending it all.
  3. Which of these is an example of a want given on the card?

    • Soap.
    • Food.
    • A small toy.

The answers, each with its explanation, are in the app. This lesson has left the free week, so its quiz is part of the subscription.

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Age 11