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Money Words for Kids
Hi there, little friends! Today we are going to learn some fun money words for kids. These money words for kids are special words that help us talk about buying things and spending money.
Have you ever bought a toy or a candy? When you do that, you use money words for kids! Therefore, let us learn some easy money words together. Additionally, these words will help you understand how money works in our world.
First, let me tell you about a very important money word. This word is non-refundable. However, do not worry if it sounds difficult. I will explain it in a very simple way for you.
What Does Non-Refundable Mean?
Imagine this: You have one dollar. You buy a big ice cream cone. Yummy! You eat the ice cream. Now the ice cream is gone. Can you give the ice cream back to the shop and get your dollar back?
No! You cannot. Consequently, the ice cream is finished. Your money is gone too. This is what non-refundable means.
Non-refundable means you cannot get your money back after you buy something. Moreover, the word non means not. So non-refundable means not refundable. Similarly, refundable means you can get your money back. However, non-refundable means you cannot.
Let me give you another example. You buy a balloon at the park. POP! The balloon pops. Can you take the popped balloon back to the shop and get your money back? No! Therefore, the balloon is broken. Your money is non-refundable.
More Examples of Non-Refundable Things
Here are more examples to help you understand:
Example 1: You buy a chocolate bar. You eat it. Yum! Now the chocolate is gone. Can you get your money back? No! Consequently, the chocolate is finished. Your money is non-refundable.
Example 2: You buy a ticket to see a movie. You watch the movie. The movie is over. Can you get your money back? No! Therefore, you already saw the movie. Your money is non-refundable.
Example 3: You buy a toy car. You play with it for one week. Then you get bored. Can you take the toy back to the shop and get your money back? Usually no! Similarly, the toy is used. Your money is non-refundable.
Remember: When you buy something, always think first. Do you really want it? Because once you buy it, your money might be non-refundable.
Money Words Vocabulary Test
Now let us test what you learned about money words for kids! Look at this question carefully:
Application fees are usually _____, which means you don’t get your money back.
(a) restituted
(b) reimbursed
(c) non-refundable
(d) inexpensive
The correct answer is (c) non-refundable.
Let me explain the other words for you:
Restituted means giving something back to the owner.
Reimbursed means getting your money back after spending it.
Inexpensive means cheap or not expensive.
Non-refundable means you cannot get your money back.
So the only correct answer is non-refundable!
Mini Dictionary: Money Words
Money – Coins and paper bills that you use to buy things
Buy – To get something by giving money for it
Pay – To give money for something you want
Cost – How much money something needs
Price – The amount of money you pay for something
Save – To keep money for later use
Spend – To use money to buy things
Non-refundable – Cannot get your money back after buying
Refund – Money that is given back to you
Expensive – Something that costs a lot of money
Cheap – Something that does not cost much money
Money Words Worksheet
Let us practice our money words for kids! Fill in the blanks with the correct words:
1. I want to _____ a new toy with my birthday money.
2. This candy is very _____. It only costs ten cents.
3. My mom told me to _____ my money for a big toy later.
4. The _____ of this book is five dollars.
5. When you _____ money, you use it to buy things.
6. If you cannot get your money back, it is _____.
7. This bicycle is very _____. It costs one hundred dollars!
8. When you give money to buy something, you _____ for it.
Answers: 1. buy, 2. cheap, 3. save, 4. price, 5. spend, 6. non-refundable, 7. expensive, 8. pay
More Money Words Practice
Question 1: What does the word non mean in non-refundable?
a) Yes
b) No
c) Not
d) Maybe
Answer: c) Not
Question 2: You buy a cookie and eat it. Can you get your money back?
a) Yes, always
b) No, because it is non-refundable
c) Yes, if you ask nicely
d) No, but you can get another cookie
Answer: b) No, because it is non-refundable
Question 3: Which word means “to keep money for later”?
a) Spend
b) Buy
c) Save
d) Pay
Answer: c) Save
Question 4: If something costs a lot of money, we say it is _____.
a) Cheap
b) Free
c) Expensive
d) Small
Answer: c) Expensive
Question 5: When you give money to get something, you _____ it.
a) Save
b) Buy
c) Lose
d) Find
Answer: b) Buy
Why Learning Money Words Is Fun!
Learning money words for kids is very useful for you. When you go to the shop with your parents, you can understand what is happening. Additionally, you can help your family make smart choices about money.
Also, when you grow up, you will need to use money words every day. You will buy food, clothes, toys, and many other things. Therefore, knowing money words will help you be smart with your money.
Remember: Every new word you learn makes you smarter. Keep learning new words every day. You are doing a great job learning English!
Practice these money words with your friends and family. Say them out loud. Use them when you go shopping. Furthermore, the more you practice, the better you will remember them.
Keep Learning Every Day!
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