Economic Understanding by LisaParisi https://padlet.com/lparisi/Gemini42018 Grade 4 Gemini students learn about economics. en-us 2018-02-01 14:22:47 UTC 2025-11-29 17:35:12 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png RINCHEN https://padlet.com/lparisi/Gemini42018/wish/230739556  One way to save money, one way is to save money in a bank or credit union. You can do this by putting your money in a bank or a piggy bank at home. ]]> 2018-02-12 18:08:44 UTC https://padlet.com/lparisi/Gemini42018/wish/230739556 ZAYDEN https://padlet.com/lparisi/Gemini42018/wish/230739721 One strategy for saving money is to wait longer to get what you want. Let's say you want to get a cool video game that just came out, but it costs A LOT! Instead of using all your CA-CHING, you can wait longer to get the video game so the price might drop.This could happen if your video game is not as "hot" (No offense) as you thought it was, and there are a still a ton left in the store. The seller will drop the price so that more people will want to buy it because it is cheaper.
            ]]> 2018-02-12 18:09:02 UTC https://padlet.com/lparisi/Gemini42018/wish/230739721 Luke Chen https://padlet.com/lparisi/Gemini42018/wish/230740858 One strategy for saving money is to decide when and how to spend your money. This can ensure you a better price for something you want or need.]]> 2018-02-12 18:10:48 UTC https://padlet.com/lparisi/Gemini42018/wish/230740858 Arthur Chen https://padlet.com/lparisi/Gemini42018/wish/230741605         You should save money because you might need it later. You might have a long term goal you want to get to, like saving for college or buying a car or house. It helps to save money over time so you don’t have to come up with the money all at once. You can also save money for retirement so you can spend when you're not earning that much. Also, you will need money in case of emergencies. Or it could be an unplanned event. An emergency could be when you get hurt. An unplanned event could be  when your refrigerator breaks down. It could also be losing a job. That is why you should save money.
You could save money in a piggy bank!]]> 2018-02-12 18:12:05 UTC https://padlet.com/lparisi/Gemini42018/wish/230741605 SHIVANI https://padlet.com/lparisi/Gemini42018/wish/230741705 Stock markets are different from bonds because a stock  market is really risky or could work really well  but when you make a savings bond you could lose all you money or get your money back with interest. You can lose all your money by stock markets and savings bonds but stock markets can give you a lot of money if it goes well unlike the saving bonds.


]]> 2018-02-12 18:12:13 UTC https://padlet.com/lparisi/Gemini42018/wish/230741705 Hana https://padlet.com/lparisi/Gemini42018/wish/230741720 One strategy is, you can put money in a bank, or a credit unit. This money will go into an account. Another strategy is, if you put money into a account, try not to take any money out. If you don't, then you will be able to collect interest. Even if the interest isn't a lot, it will increase depending on the time span. ]]> 2018-02-12 18:12:15 UTC https://padlet.com/lparisi/Gemini42018/wish/230741720 Jaimie https://padlet.com/lparisi/Gemini42018/wish/230741918 One strategy for saving money is to open a savings account.]]> 2018-02-12 18:12:37 UTC https://padlet.com/lparisi/Gemini42018/wish/230741918 ZAYDEN https://padlet.com/lparisi/Gemini42018/wish/230742255 Normally, people  save money because they want to be prepared for emergencies, or are saving money for long term goals. For example, an emergency could be a natural disaster, like a hurricane, or tornado. You could get hurt during these events and need to go to a doctor. If you have no money, how will you pay for this medical care?It is better to save for an event than come up with the money all at once.  Another reason you should save money is for long term savings. For example, it is never too late to save up for college. You should do this because college is expensive, for you have to pay for tuition, books, and housing.Also, you have to pay for the college itself.


Someone saving's for college.



 
]]> 2018-02-12 18:13:12 UTC https://padlet.com/lparisi/Gemini42018/wish/230742255 Zayan Khan https://padlet.com/lparisi/Gemini42018/wish/230742270   One strategy for saving money is that you can do a budget. This means you are going to make a plan on how the money will be used. For example if one day you earn money for helping out your neighbor you can make a budget on what you want to save that money on. This is one one strategy on how to save money.]]> 2018-02-12 18:13:14 UTC https://padlet.com/lparisi/Gemini42018/wish/230742270 Adithya https://padlet.com/lparisi/Gemini42018/wish/230742448       You should save money for two reasons, which are long-term goals and emergencies. Long-term goals means saving money over a long time. It is good because you can save it for anything, like school, college, and retirement. You should also save money for emergencies. If someone gets hurt, you can pay the money you saved and then its fine.]]> 2018-02-12 18:13:36 UTC https://padlet.com/lparisi/Gemini42018/wish/230742448 Luke Chen https://padlet.com/lparisi/Gemini42018/wish/230742507 The Stock Market will provide you with a small part of a company. This way, you can have a chance of making a lot of money if the company does well. On the other hand, bonds are a way to make interest from loaning people money. The Stock Market is different from bonds because you can make more money from buying a part of a company that is successful than just making a bond with someone who might not do good economically to pay you back your loan with money.]]> 2018-02-12 18:13:43 UTC https://padlet.com/lparisi/Gemini42018/wish/230742507 Isabella https://padlet.com/lparisi/Gemini42018/wish/230742700 You should save money for things you need like college,a new car and a house. You could save money for the future like a house or food or you could save money for emergencies. For example when your car breaks down you can use your emergency money]]> 2018-02-12 18:14:02 UTC https://padlet.com/lparisi/Gemini42018/wish/230742700 Inaya https://padlet.com/lparisi/Gemini42018/wish/230743988   One strategy for saving money is to do work around the house or help your neighbor with yard work. This will make you 10 dollars each week. Then you can make a budget for yourself to save money and complete your needed purchases. With your extra money, you can make a bank account so you can make sure that you have some spare money when you need it.]]> 2018-02-12 18:17:15 UTC https://padlet.com/lparisi/Gemini42018/wish/230743988 Jaimie https://padlet.com/lparisi/Gemini42018/wish/230744725 You should save money for 2 main reasons, long-term goals and emergencies. Long-term goals are plans for saving money over time. For example, long-term savings could include collage or buying a new house. This helps save money so you won't have to come up with the money all at once. Emergencies cost money too. An emergency might be a natural disaster like a hurricane or an earthquake. For example, if you get hurt during one of these events, it can cost you money in medical bills or missed time at work. You should also save money because than, you can buy your needs and wants.]]> 2018-02-12 18:18:30 UTC https://padlet.com/lparisi/Gemini42018/wish/230744725 Kenneth https://padlet.com/lparisi/Gemini42018/wish/230744953 You should save money because if there is a unplanned event you have money to fix it like your car break down. Also if you wait and save up for something it is more likely that the price will drop. ]]> 2018-02-12 18:18:53 UTC https://padlet.com/lparisi/Gemini42018/wish/230744953 RINCHEN https://padlet.com/lparisi/Gemini42018/wish/230745696 You should save money so you can save for college tuition. Also you can save money for a natural disaster or getting hurt so you can pay for medical care. Lastly you should save money for when you really need it like for retirement . ]]> 2018-02-12 18:20:15 UTC https://padlet.com/lparisi/Gemini42018/wish/230745696 Isabella https://padlet.com/lparisi/Gemini42018/wish/230746311 One strategy you could use to save money is to go to a bank or a credit union which then the money will go into an account. You could also put your money into an account and not take money out of it. For kids you could put you money into a piggy bank and try not to buy thing to expensive or not buy any thing at all.]]> 2018-02-12 18:21:12 UTC https://padlet.com/lparisi/Gemini42018/wish/230746311 Hana https://padlet.com/lparisi/Gemini42018/wish/230747251 They are different because, in a stock market, the money you get will depend on how the company is doing. On the other hand, in bonds, you get the same amount of money after the time period. In some situations a bond is better since you get the same amount of money every time. While, a stock can decrease there money supply a lot. Also, a stock can be better since you'll always have money, the amount will just go up and down. Unlike a bond, if the seller gets broke you will no longer receive money.]]> 2018-02-12 18:22:47 UTC https://padlet.com/lparisi/Gemini42018/wish/230747251 Inaya https://padlet.com/lparisi/Gemini42018/wish/230747363        The stock market is different from bonds because saving bonds is when the organization makes a promise to the buyer that they are giving a loan to the organization and that they will be payed back with interest. This is good for the buyer because he will be payed with interest that can be put into his bank account. The Stock Market is different because people can invest in their stock market. This is dangerous because it is possible that they may lose all of the money that they invested.]]> 2018-02-12 18:23:00 UTC https://padlet.com/lparisi/Gemini42018/wish/230747363 Zayan https://padlet.com/lparisi/Gemini42018/wish/230747442     You should save money because you might need that money later. For example if you want to save enough money to buy a car that is $267 and then every Friday you get$59 ]]> 2018-02-12 18:23:10 UTC https://padlet.com/lparisi/Gemini42018/wish/230747442 RINCHEN https://padlet.com/lparisi/Gemini42018/wish/230747453
 FDIC=An agency of the U.S government Bonds=When you loan some one Budget= A plan for how money will be used. Burden=A lot of work or a person hard to work with

]]> 2018-02-12 18:23:11 UTC https://padlet.com/lparisi/Gemini42018/wish/230747453 Adithya https://padlet.com/lparisi/Gemini42018/wish/230747667 WORD: long-term goal
DEFINE: saving money over a long time.
WORD: Interest
DEFINE: the amount paid to the saver by the bank.
WORD: FDIC
DEFINE: an agency of the U.S government.
WORD: Budget
DEFINE: a plan for how money will be used.]]> 2018-02-12 18:23:37 UTC https://padlet.com/lparisi/Gemini42018/wish/230747667 Luke Chen https://padlet.com/lparisi/Gemini42018/wish/230748466 Why should you save money? Well, one reason you should save money is that you might need it for long-term goals and emergencies. For a long-term goal, you should save money because you need it for something big that you want or need like college, or a car, etc.. For emergencies, you should save money because something sudden or unexpected might happen right away like a disaster, or a change in price with something you need.]]> 2018-02-12 18:25:02 UTC https://padlet.com/lparisi/Gemini42018/wish/230748466 COLIN https://padlet.com/lparisi/Gemini42018/wish/230748581 One strategy for saving money is by creating a budget.This means you know how much money you can use for something.You plan ahead.By treating your savings like a fixed expense you can build your budgets value over time.]]> 2018-02-12 18:25:15 UTC https://padlet.com/lparisi/Gemini42018/wish/230748581 BRAD WATKINS! https://padlet.com/lparisi/Gemini42018/wish/230749912   One strategy is waiting and looking for a good price. For example, imagine you wanted a        i-pad and a new, really good one JUST came out. If you waited until the price was low enough, you saved money!                                  ]]> 2018-02-12 18:27:33 UTC https://padlet.com/lparisi/Gemini42018/wish/230749912 Zayan Khan https://padlet.com/lparisi/Gemini42018/wish/230750451     The Stock Market differs from the bonds in many ways.Here are some of the ways they differ. First of all the Stock Market has a bigger risk. You can lose your money which is different.Also what is different is that you can earn more money. Also in the bonds they have a maturity date.The final difference is that there is an intrest. ]]> 2018-02-12 18:28:25 UTC https://padlet.com/lparisi/Gemini42018/wish/230750451 Arthur Chen https://padlet.com/lparisi/Gemini42018/wish/230750498       One strategy is be waiting and saving more money than the item you want to buy. You could wait months after the item releases so the price drops. For example, imagine a game that just was released cost $25. You get $5 a week for dog walking. Then that's 5 weeks. You could save more to get more change, or wait till the price drops. It could drop to $20. You could do less work.]]> 2018-02-12 18:28:30 UTC https://padlet.com/lparisi/Gemini42018/wish/230750498 Kenneth Ramdayal https://padlet.com/lparisi/Gemini42018/wish/230750539 When you buy a stock your basically buying a little part of a business like Apple.If you buy a stock and the company does good your getting a lot of money in the part of the business you own,but if the buisness does poorly you are losing money so having a stock has a bigger chance to lose money than having a bond,so that means having a bond is better than having a stock.]]> 2018-02-12 18:28:34 UTC https://padlet.com/lparisi/Gemini42018/wish/230750539 Hana https://padlet.com/lparisi/Gemini42018/wish/230751066 You should save money for college savings, the price can be very high. Also, retiring, when you stop working, you will no longer receive money. This means that when you are working, make sure to save your money for later.]]> 2018-02-12 18:29:34 UTC https://padlet.com/lparisi/Gemini42018/wish/230751066 Colin https://padlet.com/lparisi/Gemini42018/wish/230751644 One way the stock market differs from saving bonds is because for investing in the stock market is a greater risk.If a company is unsuccessful you could lose a lot of money .While if an savings bond issuer goes broke you won't lose as much money.But if the company you invest in is successful in making money you could earn a lot of money back.Both are good ways to save money or earn money but it depends whats better for you]]> 2018-02-12 18:30:37 UTC https://padlet.com/lparisi/Gemini42018/wish/230751644 Luke Chen https://padlet.com/lparisi/Gemini42018/wish/230751739 Long-term goals = Saving up so you can get something you need or want.
Bonds = When you loan people something with interest so you can make more of that thing.

]]> 2018-02-12 18:30:47 UTC https://padlet.com/lparisi/Gemini42018/wish/230751739 Hana https://padlet.com/lparisi/Gemini42018/wish/230753047 Burden:  A lot of work or a person very hard to work with
Budget: An amount of money that your wiling to spend on something
Expense: How much something is, it's value]]> 2018-02-12 18:33:02 UTC https://padlet.com/lparisi/Gemini42018/wish/230753047 Isabella https://padlet.com/lparisi/Gemini42018/wish/230753324 Long term goals: Saving up to get something you need or want
Budget: The plan how money is planed to be used 
Stock:Shares, or small parts of a company]]> 2018-02-12 18:33:29 UTC https://padlet.com/lparisi/Gemini42018/wish/230753324 Adithya https://padlet.com/lparisi/Gemini42018/wish/230753408          A strategy for saving money is doing chores. For example, if you want a cool game that costs $63, you can do chores for each week. Let's say each week you get $10. You will have to do chores for 7 weeks and you can buy the game with $7 left. Another strategy is creating a budget.]]> 2018-02-12 18:33:37 UTC https://padlet.com/lparisi/Gemini42018/wish/230753408 RINCHEN https://padlet.com/lparisi/Gemini42018/wish/230753750 A bond will give you a small part of a company. This way, you can have a chance of making a lot of money if the company does well. Also, bond can be better since you'll always have money, the amount will just go up and down. Its different from a stock market because you can loose all the money you invested.]]> 2018-02-12 18:34:11 UTC https://padlet.com/lparisi/Gemini42018/wish/230753750 ZAYDEN https://padlet.com/lparisi/Gemini42018/wish/230753762 The FDIC- an agency of the U.S.A. It makes sure that people are protected from money loses(In America)

Interest-is an amount paid to the saver by the bank for keeping money in the account.

Stock Market- A market where stocks and bonds are bought and sold.




]]> 2018-02-12 18:34:13 UTC https://padlet.com/lparisi/Gemini42018/wish/230753762 Inaya https://padlet.com/lparisi/Gemini42018/wish/230754143        You should save money because you will need it for 2 reasons, long-term goals and emergencies. Long-term goals means that you save money for college and your tuitions. This is much needed because if you do not save for long-term goals, you will not be able to pay the amount of your college or retirement price. You will also need money for an emergency. What will you do if you do if there is a fire that burned your house? Where will you live? That is why you need to save money for long-term goals and emergencies.]]> 2018-02-12 18:34:51 UTC https://padlet.com/lparisi/Gemini42018/wish/230754143 SHIVANI https://padlet.com/lparisi/Gemini42018/wish/230755158 You should save your money for college because college can be costly and it is good to go to college.
you should also save for your retirement because when you retire you don't make money from your job so you should save some.]]> 2018-02-12 18:36:28 UTC https://padlet.com/lparisi/Gemini42018/wish/230755158 Arthur Chen https://padlet.com/lparisi/Gemini42018/wish/230756587 Word: tuition
Definition: a sum of money charged for teaching or instruction by a school, college, or university.
Word: fund
Definition: a sum of money saved or made available for a particular purpose.
Words: credit union
Definition:  is a member-owned, financial cooperative democratically controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.
Word: savings bond
Definition: a bond issued by the government and sold to the general public.]]> 2018-02-12 18:38:46 UTC https://padlet.com/lparisi/Gemini42018/wish/230756587 Adithya https://padlet.com/lparisi/Gemini42018/wish/230756817 They both differ by the stock market is much riskier. The stock market is riskier because if you buy a share, the company can go down and so are you. But on the other hand, if the company goes up, it is much better. In the stock market, if the company goes up is also better than a bond where the bond issuer is out of money and can not pay you back.  ]]> 2018-02-12 18:39:04 UTC https://padlet.com/lparisi/Gemini42018/wish/230756817 Kenneth Ramdayal https://padlet.com/lparisi/Gemini42018/wish/230756940 One way to save money is putting your money in a savings account at a bank.This will help you save money because if you put 50 dollars in the bank and if you earn money and keep putting money you could take it out when ever you need it.Also if someone robs your house your money is in the bank not your house.
        ]]> 2018-02-12 18:39:12 UTC https://padlet.com/lparisi/Gemini42018/wish/230756940 Isabella https://padlet.com/lparisi/Gemini42018/wish/230757049 They are different because in a stock market the money you get depends on how good the company is doing. But in a bond you will get the same amount of money during a period of time]]> 2018-02-12 18:39:21 UTC https://padlet.com/lparisi/Gemini42018/wish/230757049 Colin https://padlet.com/lparisi/Gemini42018/wish/230758375 One reason you should save money is if a natural disaster strikes you will have money to pay medical bills.Another reason you should save money is because if you don't you won't have money to pay for college.The final reason why you should save money is because if you get fired from a job you will have money to pay your expenses so you can focus more on finding a job.]]> 2018-02-12 18:41:38 UTC https://padlet.com/lparisi/Gemini42018/wish/230758375 BRAD WATKINS! https://padlet.com/lparisi/Gemini42018/wish/230758527 One way the stock market differs from bonds is that the in the stock market, you make more money, but you can lose it easily, whilst bonds don't give you as much as the stock market, but there is less of a chance of losing it all.]]> 2018-02-12 18:41:53 UTC https://padlet.com/lparisi/Gemini42018/wish/230758527 Inaya https://padlet.com/lparisi/Gemini42018/wish/230761120 Long-Term Goals- 
     Your money saved for your college, retirement plan, etc.

Bonds-
        When the buyer is promised interest.

Budget-  
       A plan for how your your money will be saved and spent.

Interest- 
The extra amount payed to the saver by the bank.

]]> 2018-02-12 18:46:10 UTC https://padlet.com/lparisi/Gemini42018/wish/230761120 https://padlet.com/lparisi/Gemini42018/wish/230761457 2018-02-12 18:46:43 UTC https://padlet.com/lparisi/Gemini42018/wish/230761457 Kenneth Ramdayal https://padlet.com/lparisi/Gemini42018/wish/230761567 1.401ks means a retirement plan
2.FDIC means federal deposit insurance corporation
3.maturity means a expiration date for a bond
4. bargin means comparing prices
5. manufactur means the maker of the product

]]> 2018-02-12 18:46:54 UTC https://padlet.com/lparisi/Gemini42018/wish/230761567 COLIN https://padlet.com/lparisi/Gemini42018/wish/230761575 Savings bond- A way to save money and earn money by interest.

Stock market-The system where people invest and buy and sell things.]]> 2018-02-12 18:46:54 UTC https://padlet.com/lparisi/Gemini42018/wish/230761575 SHIVANI https://padlet.com/lparisi/Gemini42018/wish/230764922  Long-term goals: saving money for a goal that you have.
F.D.I.C. : a abbreviation for Federal Deposit Insurance Corporation which makes sure you will get the money you put in a bank back.
Savings bonds :  when you loan someone with interest.]]> 2018-02-12 18:51:48 UTC https://padlet.com/lparisi/Gemini42018/wish/230764922 BRAD WATKINS! https://padlet.com/lparisi/Gemini42018/wish/230766601 Because if you don't, then you won't have the money for emergencies and long-term goals, and you could even get  broke, and you don't want that to happen. ]]> 2018-02-12 18:54:31 UTC https://padlet.com/lparisi/Gemini42018/wish/230766601 Arthur Chen https://padlet.com/lparisi/Gemini42018/wish/230767290           Bonds are a little less risky but give less reward than the stock market. A bond is when the issuer of the bond gets money from the buyer for a fixed period of time and has to pay it back with interest. A stock market is a share/part of a company. When you buy a share of a company, you own a small piece of that company. In away, when you buy a share of stock, you are betting that a company will be successful. The share will increase in value if the company does well. The value will decrease if the company does poorly. The thing that is different is that you're buying a part of the company in a stock market and in away, when you buy a share of stock, you are betting that a company will be successful. A savings bond is that the money increases and goes back and forth. ]]> 2018-02-12 18:55:42 UTC https://padlet.com/lparisi/Gemini42018/wish/230767290 Zayden Tsering https://padlet.com/lparisi/Gemini42018/wish/230770427 One reason the stock market differs from bonds is that when you make a bond, you are promised your money back with interest, whereas when you invest in the stock market, it is risky because even though you may get more money or your money back, there is still a massive chance that you will lose your invested money ]]> 2018-02-12 19:00:53 UTC https://padlet.com/lparisi/Gemini42018/wish/230770427 SHIVANI https://padlet.com/lparisi/Gemini42018/wish/230770568 a strategy for saving money is to make a budget so you know how much you can spend and how much you will save each day So you can pay for emergencies and retirement. you can also put the money you will not use in a bank so you can take it out if you really needed it.]]> 2018-02-12 19:01:11 UTC https://padlet.com/lparisi/Gemini42018/wish/230770568 Jaimie https://padlet.com/lparisi/Gemini42018/wish/230776118 The Stock Market differs from bonds because bonds pay more interest than normal banks but the extra interest can be risky. ]]> 2018-02-12 19:08:43 UTC https://padlet.com/lparisi/Gemini42018/wish/230776118 BRAD WATKINS! https://padlet.com/lparisi/Gemini42018/wish/230778478 word-FDIC
def-an agency of the U.S. government. 
word- maturity date.
def- marks when the bond issuer will pay back the buyer’s money with interest.
word- public companies.
def-Companies that sell their shares on the stock market 
word-budget
def- a plan for how money will be used.]]> 2018-02-12 19:12:55 UTC https://padlet.com/lparisi/Gemini42018/wish/230778478 Jaimie https://padlet.com/lparisi/Gemini42018/wish/231567141 Stock Markets are different from bonds because bonds give a little bit more interest then regular savings banks. This extra interest can be risky though. This is because if the issuer of the savings bond goes broke, the issuer will not be able to pay the buyer the interest or even the money spent to buy the bond. The Stock Market, on the other hand, can be risky too. This is because if you invest in the Stock Market, and it goes out of buisness,
you can lose all of your money. But also, if the Stock Market is successful, you may get rich. This is why you shouldn't put all your money in the Stock Market.]]> 2018-02-14 16:17:16 UTC https://padlet.com/lparisi/Gemini42018/wish/231567141 Jaimie https://padlet.com/lparisi/Gemini42018/wish/231579769 Word: long-term goals
Definition: saving money for over a long time.

Word: FDIC
Definition: a company that insures that you get your money back even if the bank you put your money in goes out of buisness.

Word: budget
Definition:  a budget is a plan for how money will be used.]]> 2018-02-14 16:36:59 UTC https://padlet.com/lparisi/Gemini42018/wish/231579769