Financial Literacy: Allowance, Chores, and First Earnings
Practice earning, saving, spending, and making simple money choices
Financial Literacy: Allowance, Chores, and First Earnings
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?
Add the two amounts she earns.
Mia earns $5 in all because $2 plus $3 equals $5. - 2
Leo gets a $5 allowance each week. He saves $2 and spends the rest. How much money does Leo spend?
Leo spends $3 because $5 minus $2 equals $3. - 3
Sofia wants to buy a sticker book that costs $6. She has $4. How much more money does she need?
Count up from $4 to $6.
Sofia needs $2 more because $6 minus $4 equals $2. - 4
Aiden earns $1 for feeding the dog each day. If he feeds the dog for 5 days, how much money does he earn?
Aiden earns $5 because $1 each day for 5 days equals $5. - 5
Nora has $8. She spends $3 on a small toy. How much money does Nora have left?
Subtract the money she spends from the money she has.
Nora has $5 left because $8 minus $3 equals $5. - 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?
Yes, Ben split his money equally because $2 and $2 are the same amount, and together they make $4. - 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?
Compare $2 and $4, then find the difference.
Folding towels earns more money. It earns $2 more than dusting because $4 minus $2 equals $2. - 8
Jay saves $3 in week 1 and $3 in week 2. How much money does Jay save after 2 weeks?
Jay saves $6 after 2 weeks because $3 plus $3 equals $6. - 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?
Add the three parts of her plan.
Yes, Lina has enough money because $5 plus $3 plus $2 equals $10. - 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.
First add his earnings, then compare the total to $5.
No, Omar does not have enough money. He earns $4 in all, and the notebook costs $5, so he needs $1 more.