Understanding Money and Spending Choices

Emma is earning money for a new toy. Which of the following describe how Emma could earn income? (Select TWO correct answers.)

• Emma mows her neighbor's lawn and gets paid $10.

• Emma receives a new toy from her grandparents.

• Emma sells lemonade for $1 per cup.

• Emma finds a toy on sale at the store.

• Emma plays with her new toy every day.

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TEKS.MATH.3.9A

Which of the following is not likely to affect how much money Mr. Smith earns at his job?

• The number of hours Mr. Smith works each week.

• The number of years Mr. Smith has worked at his job.

• How many books Mr. Smith reads in a month.

• The special skills Mr. Smith brings to his job.

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TEKS.MATH.3.9A

Last summer, more apples were grown than expected on a farm in Washington. How will this likely affect the price of apples in the store?

• The price will increase because there are more apples available.

• The price will decrease because there are more apples available.

• The price will increase because apples will be scarce.

• The price will stay the same regardless of how many apples are available.

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TEKS.MATH.3.9B

James is saving money to buy a new video game. Which TWO actions would help James save for his goal? (Select TWO correct answers.)

• James spends all his money on candy.

• James sets aside part of his allowance each week.

• James earns money by helping his neighbor wash their car.

• James borrows money to buy toys he doesn’t need.

• James buys a video game using his friend’s money.

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TEKS.MATH.3.9E

Which of the following best describes a planned spending decision?

• Lisa goes to the store to buy pencils and ends up buying markers, too.

• Sam buys a video game because he saw it in the store.

• Jenna saves for weeks to buy a new backpack for school.

• Tim buys snacks even though he forgot his lunch at home.

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TEKS.MATH.3.9C

Which statement best describes an unplanned spending decision?

• Mia saves her money to buy a gift for her mom.

• John walks into a store and buys a toy he didn’t plan to get.

• Katie mows lawns to earn money for school supplies.

• Alex saves up money to buy a book he has been wanting.

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TEKS.MATH.3.9C

A heater in Sarah’s house broke during winter. It will cost more to fix than Sarah has in her savings. Which is the most reasonable choice Sarah could make?

• Sarah could use her credit card to pay for the repair and repay it quickly.

• Sarah could wait until next year to fix the heater.

• Sarah could ask to take the repair service for free.

• Sarah could use her savings for toys instead of fixing the heater.

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TEKS.MATH.3.9D

Which TWO actions are examples of saving money? (Select TWO correct answers.)

• Putting your allowance into a piggy bank.

• Spending all of your money on a new toy.

• Donating all of your money to a friend.

• Saving money to buy a bicycle in two months.

• Borrowing money to buy snacks.

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TEKS.MATH.3.9E

Which of the following is an example of spending money?

• Saving your allowance in a jar.

• Buying a gift for your friend’s birthday.

• Donating money to a charity.

• Earning money for doing chores at home.

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TEKS.MATH.3.9C

Liam wants to save for a family trip next summer. Which TWO actions will help him reach his goal? (Select TWO correct answers.)

• Liam spends all his money on candy and toys.

• Liam puts part of his allowance into a savings jar every week.

• Liam earns extra money by helping with chores at home.

• Liam borrows money from a friend and doesn’t pay it back.

• Liam gives all his savings to his cousin.

Tags

TEKS.MATH.3.9E