Here are the answers to complete the worksheet based on the text provided.
Vocabulary Section
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Text's Heading: Saving and Spending Choices
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Text's Subheading: Costs and Benefits
Main Idea Section
*(These are the most important sentences from each paragraph that explain what the whole paragraph is about)*
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Paragraph 1: A budget is a plan on how to use a certain amount of money.
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Paragraph 2: The money a person earns at their job is called income.
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Paragraph 3: Savings is an amount of money that is not spent.
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Paragraph 4: There are costs and benefits with savings and spending.
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Paragraph 5: There are many choices with saving and spending money.
**Key Details Section
Parent Tip: Review the logic above to help your child master the concept of 2nd grade economics worksheet.
