Social Studies - 2019-20
1.9 - Saving Money
The student will recognize that people save money for the future to purchase goods and services.
Putting off what I want right now, can help me achieve a bigger goal later.
UNDERSTANDING THE STANDARD
People can choose to spend or save money.To save money, people give up spending now in order to buy goods and services in the future.
Terms to know
- money: Paper bills and coins used to pay for goods and services
- savings: Money not spent now so it can be spent in the future
Updated: May 25, 2018