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Fill in the Blanks: Smart Money Adventures with Maya and Max 12 and under part 1

Compléter

Test your knowledge of money management with Maya and Max's adventure!

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Matthew Hale
Matthew Hale
United States

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Compléter

Fill in the Blanks: Smart Money Adventures with Maya and Max 12 and under part 1Version en ligne

Test your knowledge of money management with Maya and Max's adventure!

par Matthew Hale
1

earlier Expenses saving without comic $15 necessary $30 budget fund candy unexpected retirement need want Income emergency grow

Maya and Max were best friends who loved going on adventures . One sunny morning , they decided to go on a special adventure to learn how to be smart with money . Maya said , " Max , what ? s the difference between something we and something we ? " Max thought for a moment . " A need is something we can ? t live , like food , water , clothes , and a home . A want is something fun to have but not , like toys , video games , or . " Maya nodded . " So if I have $10 , I should buy food first , because that ? s a need . If there ? s money left , then I can get something I want , like a new book . " Next , the friends met Mr . Coins , a talking piggy bank . Mr . Coins explained , " is money you earn , like from chores or an allowance . are the things you spend money on , like buying snacks or paying for school supplies . " Max said , " So if I earn $20 from mowing lawns , that ? s my income . If I spend $10 on pencils , that ? s an expense . " " Exactly ! " said Mr . Coins . Mr . Coins gave Maya and Max a notebook and said , " This is your book . Write down how much money you earn and how much you spend . " Maya practiced . " If I earn this week and spend $15 , I ? ll have left . That ? s easy ! " " And if you track everything , you ? ll know where your money goes , " said Mr . Coins . " What if an happens ? " asked Max . " Great question ! " said Mr . Coins . " An emergency is money you save for problems , like if your bike breaks , or you need extra school supplies . " Maya said , " I ? ll start $5 every week for emergencies . " Mr . Coins told them , " It ? s also smart to save for big things , like or college . " Max was puzzled . " But we ? re kids ! " " That ? s true , " said Mr . Coins , " but the you save , the more time your money has to . "

 
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