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Financial Literacy Grade K-1 Answer Key

Financial Literacy: Earning Money: Jobs and Pay

Learning how people earn money by doing jobs

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Financial Literacy: Earning Money: Jobs and Pay

Learning how people earn money by doing jobs

Financial Literacy - Grade K-1

Instructions: Read each problem carefully. Write or draw your answer in the space provided.
  1. 1

    Mia helps rake leaves in the yard. Her dad gives her $2 for helping. Did Mia earn money? Explain your answer.

    A person earns money when they do work and get paid.

    Yes, Mia earned money because she did a job and was paid for her work.
  2. 2

    Circle the job: teacher, apple, shoe.

    Teacher is the job because a teacher does work and can earn pay.
  3. 3

    Sam walks a neighbor's dog. The neighbor pays Sam $3. What job did Sam do?

    Look for the work Sam did.

    Sam's job was walking the dog.
  4. 4

    A firefighter helps keep people safe. Is firefighter a job? Write yes or no and tell why.

    Yes, firefighter is a job because firefighters do important work and can earn money.
  5. 5

    Lena gets $1 for feeding the cat. She gets $1 more for sweeping the floor. How many dollars did Lena earn in all?

    Count both dollars together.

    Lena earned $2 in all because 1 dollar plus 1 dollar equals 2 dollars.
  6. 6

    Which person is earning money? A child sleeping or a child helping wash a car for pay.

    The child helping wash a car for pay is earning money because the child is doing work.
  7. 7

    A baker makes bread and sells it. What does the baker earn when people buy the bread?

    People often get pay for things they make or work they do.

    The baker earns money when people buy the bread.
  8. 8

    Draw a picture of one job a person can do to earn money. Write the name of the job.

    A correct answer names or shows a real job, such as doctor, teacher, farmer, cashier, or bus driver.
  9. 9

    Ben helps set the table for dinner. His family thanks him but does not pay him. Did Ben earn money? Explain.

    Earning money means getting paid for work.

    No, Ben did not earn money because he helped but did not get paid.
  10. 10

    A cashier scans food at a store. Is cashier a job or a toy?

    Cashier is a job because a cashier works at a store and can earn pay.
  11. 11

    Tara earns $4 for watering plants. Draw or write the number of dollars Tara earned.

    Count to 4.

    Tara earned 4 dollars, so the answer should show $4 or four one-dollar bills.
  12. 12

    Nico wants to earn money. Which choice is work he could do? Play with blocks or help pull weeds for pay.

    Nico could help pull weeds for pay because that is work he can do to earn money.
  13. 13

    A mail carrier brings letters to homes. What is the worker's job?

    The job name tells what the worker does.

    The worker's job is mail carrier.
  14. 14

    Ava earns $2 on Monday and $2 on Tuesday. How many dollars does Ava earn altogether?

    You can count 2, then 2 more.

    Ava earns $4 altogether because 2 dollars plus 2 dollars equals 4 dollars.
  15. 15

    Why do people have jobs? Write one reason.

    People have jobs to earn money, help others, make things, or provide services.
LivePhysics™.com Financial Literacy - Grade K-1 - Answer Key