Financial Literacy Grade 2-3

Financial Literacy: Allowance, Chores, and First Earnings

Practice earning, saving, spending, and making simple money choices

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Practice earning, saving, spending, and making simple money choices

Financial Literacy - Grade 2-3

Instructions: Read each problem carefully. Show your work in the space provided.
  1. 1
    A child with trash, a car wash bucket, and two groups of coins.

    Mia earns $2 for taking out the trash and $3 for helping wash the car. How much money does Mia earn in all?

  2. 2
    A child splits five coins between a savings jar and spending.

    Leo gets a $5 allowance each week. He saves $2 and spends the rest. How much money does Leo spend?

  3. 3
    A child holds coins while looking at a sticker book.

    Sofia wants to buy a sticker book that costs $6. She has $4. How much more money does she need?

  4. 4
    A child feeds a dog with five coins shown for five days.

    Aiden earns $1 for feeding the dog each day. If he feeds the dog for 5 days, how much money does he earn?

  5. 5
    A child buys a small toy with coins separated on a table.

    Nora has $8. She spends $3 on a small toy. How much money does Nora have left?

  6. 6
    Four coins are split equally between a savings jar and a wallet.

    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. 7
    Dusting is shown with two coins and folded towels with four coins.

    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. 8
    Two weeks of saving are shown with three coins for each week.

    Jay saves $3 in week 1 and $3 in week 2. How much money does Jay save after 2 weeks?

  9. 9
    Ten coins are divided into saving, spending, and animal shelter giving.

    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. 10
    A child earns coins for cleaning a room and watering plants, with a notebook nearby.

    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.

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