The Siuslaw news. (Florence, Lane County, Or.) 1960-current, November 25, 2015, WEDNESDAY EDITION, Image 21

Historic Oregon Newspapers

The Siuslaw news., November 25, 2015, WEDNESDAY EDITION, Page 9B, Image 21

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Newspaper Page TextSIUSLAW NEWS ❚ WEDNESDAY, NOVEMBER 25, 2015 © 2015 by Vicki Whiting, Editor Jeff Schinkel, Graphics 9 B Vol. 31, No. 51 Penny McThrifty has been saving her money for a couple of years. Between birthday gifts and earning money on her own, she’s doing pretty good. She’s made a lot of deposits, and some withdrawals. The money that is in her account is called a balance. It’s important to save at least some of your money instead of spending it all. But where’s the best place to save it? Fill in the missing numbers in the balance column to discover how much is in Penny’s account. In a book? Description Withdrawal Deposit In a sock? Balance Pretend you are a piggy bank and shake yourself. Can you hear the jingle of coins? Shake to the left! Shake to the right! In a shoebox? If you save your money in a savings account, the bank or credit union pays you for letting them hold your money. That payment is called interest. Over time, interest adds up and your money starts to grow! When you put money into your savings account, it is called making a deposit. When you take money out of your account, that is called a withdrawal. Find the two identical piggy banks. 1. Taking some money out of a savings account is called a: a. deposit b. withdrawal c. balance 2 . Putting P u 2. money into a s a v savings account is called a: a. deposit b. withdrawal c. balance T h total amount of 3. The m o money you have in a s a v savings account is called a: a. deposit b. withdrawal c. balance Ask a parent to tell you about something they saved their money to buy. Was it hard to save the money? How did it feel when they finally reached their goal? ... you are letting the bank use it. Banks k combine the money from lots of people to make loans to people who want to borrow money. Standards Link: Visual Discrimination. Try to do ten sit-ups while T balancing three coins on your bal he head. Now have a friend try. C Could either of you do it? Th b The bank k pays you u to let money them use your money. This payment that the bank makes to you is called interest. Can you find 10 numbers in the newspaper that add up to exactly 100? Now find 15 num- bers that add up to exactly 150! People who borrow money from a bank pay a fee to the bank for the use of the money. This fee that people pay the bank is also interest. How many dollar signs can you find? Toss ten coins onto the sidewalk. Can you hop from sid co coin to coin, standing on one f foot? Next, do deep knee b bends to pick them all up! WITHDRAWAL INTEREST BOWLING T BALANCE G DEPOSIT N ACCOUNT SAVING I BORROW V LOANS A MONEY S TOTAL GOAL T PAYS W BANK FEE Standards Link: Research: Use the newspaper to locate information. N U O C C A I Try to walk across your yard with a dollar bill on your head. It’ll take some smooth moves to keep the dollar from dropping! S B G F L M O N E Y O L N E A T S K A R O A I A I E T N V P R R L A O G N O N E G B W M T O W S N T I S O P E D E C N A L A B E Y I Find four percentages in the newspaper and re-write each of them as words. For example: 43% = forty-three percent. 50% = fifty percent (or one half). T H D R A W A L ANSWER: His mom told him it was for lunch! Standards Link: Research: Use the newspaper to locate information. This week’s word: DEPOSIT The noun deposit means an amount of money put into a savings account. Raj made a deposit of $50 with all the birthday money he received. Try to use the word deposit in a sentence today when talking with your friends and family members. Imagine you found a money tree. What would it look like? How would you take care of it? What would you do with the money? Phone: (541) 997-1144 There’s no place like Wishing you and your Family a Happy Thanksgiving! Dr. Chad Clement 541-997-3423 1256 Bay St. Old Town Florence • Keep it fresh and local for the Kids in Florence! • Live Music on the Weekends Voted Reader’s Choice 2012 through 2015 BEST MEXICAN RESTAURANT Like us on Facebook so our Daily Specials pop up in your NEWS FEED 294 Laurel St. in Historic Old Town Florence 541-997-4886 Best Margaritas and Best Salsa! Weekly Lunch and Dinner Specials Open Monday - Saturday