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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 . Fill in the missing numbers in the balance column to discover how much is in Penny’s account.
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?
In a book?
In a sock?
Description
Withdrawal Deposit
Balance
10/1/26 10/5/26 10/10/26 10/13/26 10/22/26 11/5/26 11/22/26 11/23/26
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!
Find the two identical piggy banks.
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 .
1.
Taking some money out of a savings account is called a:
a. deposit b. withdrawal c. balance Putting money into a savings account is called a: 2. a. deposit b. withdrawal c. balance The total amount of money you have in a savings account is called a: 3. 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 nally reached their goal?
© Vicki Whiting September 2026
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