Practice solving simple money problems about allowance, chores, saving, spending, and first earnings.
Read each problem carefully. Show your work in the space provided.
Practice earning, saving, spending, and making simple money choices
Financial Literacy - Grade 2-3
- 1
Mia earns $2 for taking out the trash and $3 for helping wash the car. How much money does Mia earn in all?
- 2
Leo gets a $5 allowance each week. He saves $2 and spends the rest. How much money does Leo spend?
- 3
Sofia wants to buy a sticker book that costs $6. She has $4. How much more money does she need?
- 4
Aiden earns $1 for feeding the dog each day. If he feeds the dog for 5 days, how much money does he earn?
- 5
Nora has $8. She spends $3 on a small toy. How much money does Nora have left?
- 6
Ben earns $4 for sweeping the porch. He puts $2 in his savings jar and $2 in his spending wallet. Did Ben split his money equally?
- 7
Emma can choose one chore. Dusting earns $2. Folding towels earns $4. Which chore earns more money, and how much more does it earn?
- 8
Jay saves $3 in week 1 and $3 in week 2. How much money does Jay save after 2 weeks?
- 9
Lina has $10 from birthday money. She wants to save $5, spend $3, and give $2 to help an animal shelter. Does she have enough money for her plan?
- 10
Omar earns $2 for cleaning his room and $2 for watering plants. He wants to buy a notebook that costs $5. Does Omar have enough money? Explain.