The Siuslaw news. (Florence, Lane County, Or.) 1960-current, November 25, 2015, WEDNESDAY EDITION, Page 9B, Image 21

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    SIUSLAW 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
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