Needs vs. Wants — Answer Key
Part A: Trace the Words
Trace each word carefully by following the dotted lines.
1. earn
2. save
3. work
4. bank
5. help
6. piggy
Part B: Fill in the Blank
Write the missing word or number on each line.
1. People do a job to earn money each week.
Earning means getting money in return for doing useful work, like building, cleaning, or helping others.
2. Putting money aside for later is to save it.
Saving means keeping money safe now, so you have enough later for a need or a fun want.
3. A pink piggy bank holds your coins safely.
A piggy bank is a small jar shaped like a pig, and it keeps saved coins in one safe place.
4. When I help mom, she may give me an allowance.
Helping at home with chores can earn a small allowance, which teaches kids how to save and spend.
Part C: True or False?
Read each statement. Circle True or False.
1. You can earn money by doing chores.
True False
Many kids earn a small allowance by doing chores, so working around the house can earn money.
2. Saving money means spending it fast.
True False
Saving is keeping money safe for later, while spending is using it now, so they are opposites.
3. A piggy bank is a place to save coins.
True False
Piggy banks hold saved coins in one spot, so they are a very classic way for kids to save.