Social Studies Grade 2-3

Social Studies: Earning, Spending, and Saving Money

Learning how people earn income, make choices, and save for goals

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Learning how people earn income, make choices, and save for goals

Social Studies - Grade 2-3

Instructions: Read each problem carefully. Write your answer in complete sentences when asked. Show your thinking in the space provided.
  1. 1
    A child waters plants while a neighbor offers coins.

    Maya helps her neighbor water plants and earns $5. Is Maya earning, spending, or saving money?

  2. 2
    A child buys a book with money.

    Leo has $10. He buys a book for $6. Is Leo earning, spending, or saving money?

  3. 3
    A child puts coins into a piggy bank.

    Ava puts $2 into her piggy bank every week. What money habit is Ava practicing?

  4. 4

    Write one example of a way a kid could earn money at home or in the neighborhood.

  5. 5
    A child saves money to buy a toy.

    Nina wants a toy that costs $12. She has saved $7. How much more money does she need to save?

  6. 6
    A winter coat, a video game controller, and a candy bar.

    Circle the need: a winter coat, a video game, or a candy bar. Explain your choice.

  7. 7
    Clean water, a home, and a skateboard.

    Circle the want: clean water, a place to live, or a new skateboard. Explain your choice.

  8. 8
    A child washes a car and divides money between saving and a snack.

    Sam earns $8 by helping wash a car. He saves $3 and spends the rest on a snack. How much does Sam spend?

  9. 9
    Earning money, spending money, and saving money in a piggy bank.

    Look at this simple plan: Earn $6, Spend $2, Save $4. Which part shows money being kept for later?

  10. 10

    Why is it helpful to save money before buying something expensive?

  11. 11
    A child considers buying a pencil and notebook with money.

    Jamal has $4. He wants to buy a pencil for $1 and a notebook for $3. Does he have enough money? Explain.

  12. 12

    Sofia earns $3 on Monday and $4 on Tuesday. How much money does she earn in all?

  13. 13
    Children save money to buy seeds for a school garden.

    A class is saving money to buy seeds for a school garden. They have $9 now and need $15 total. How much more do they need?

  14. 14
    A child compares two lunchboxes before spending money.

    Which choice shows a smart spending decision? A: Buy the first lunchbox you see for $15. B: Compare two lunchboxes and choose the one you like that costs $10. Explain your answer.

  15. 15

    Draw or describe a money goal you could save for. Tell one step you could take to reach it.

LivePhysics™.com Social Studies - Grade 2-3

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