Money Skills #1

Front

What is the total cost of items when Mimi wants to buy a sketch book for $4.99 and colored pencils for $2.99?

Back

$7.98

Front

If Casey has $100 and spends $30 on a video game and $15 on art supplies, how much money does she have left?

Back

$55

Front

How do you calculate the total amount spent when Rayyan buys a toy for $10, a card for $2, and lollipops for $3?

Back

Add the costs: $10 + $2 + $3 = $15.

Front

What is the total expenditure for Dakota who buys headphones for $12 and superhero figures for $13?

Back

$25

Front

How much did Jasmine spend on snacks if she buys popcorn for $4.99, candy for $1.99, and a Slushie for $3.35?

Back

$10.33

Front

What is the importance of budgeting when making purchases?

Back

Budgeting helps manage expenses and ensures you do not overspend.

Front

What is the difference between total cost and remaining balance?

Back

Total cost is the sum of all expenses, while remaining balance is what is left after expenses are deducted from income.

Front

How can you determine if you have enough money to make a purchase?

Back

Compare the cost of the item with your remaining balance after previous expenses.

Front

What is a practical way to keep track of spending?

Back

Use a spending log or budgeting app to record all purchases.

Front

What does it mean to overspend?

Back

Overspending occurs when you spend more money than you have available.