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MP 4 week 4

Total questions: 22

Worksheet time: 14mins

Name
Class
Date
1.

Raul made some lemonade. He sold it at a lawn sale. He received $4.00. How would you describe what Raul has done?

a)

consuming

b)

volunteering

c)

earning

d)

spending

2.

Kara saves $10.00 each week. Use the chart above to decide the amount of money Kara would have left for savings each week if she stopped walking pets.

a)

$1

b)

$3

c)

$5

d)

$7

3.

Louisa went to the store with her father. She used her birthday money to buy a new sweater and a hat to match. She spent all of her money. What could she have done with some of the money, so that she would have some to spend later?

a)

donated

b)

spent

c)

sold

d)

saved

4.

Melissa asked her class to stay after school on Thursday to discuss her new idea. She explained to the group that they should hold a bake sale to earn money to help build the new playground.

What will they do with the money they make?

a)

earn it

b)

donate it

c)

save it

d)

borrow it

5.

Review this list.

– Humane Society of the U.S.

– American Cancer Society

– American Heart Association

What do these places have in common?

a)

you can buy things from them

b)

they will do your homework

c)

you can donate money to them

d)

they are places to play

6.

Which of the following is a way to save money?

a)

buy toys for all of your friends

b)

keep a little of what you earn and put it in a bank

c)

do chores around the house to help your parents

d)

start a dog walking business

7.

Which reason best completes the web?

a)

earning

b)

donating

c)

saving

d)

spending

8.

All of the activities listed below are ways to ______ money.

– babysit

– mow the lawn

– walk the dog

– teach school

– sell lemonade

a)

borrow

b)

earn

c)

save

d)

spend

9.

Families must budget their money. They earn it, then spend some of it on ______________ like groceries.

What BEST completes the sentence above?

a)

profits

b)

goods

c)

services

d)

savings

10.

Brent earned money by mowing lawns during the summer and shoveling snow from driveways in his neighborhood. His total earnings for the year was $300. Brent spent some of his money, he saved some and he donated some. Which are examples of him donating his money?

Select TWO correct answers.

a)

He saved $155 for in his Star Wars Bank in his room.

b)

He spent $50 on the movies and video gaming with his friends.

c)

He bought graphic novels to read over winter break for $50.

d)

He gave his sister $25 for the Rescue Animal Shelter.

e)

He placed $20 in the Salvation Army red bucket outside of Walmart.

11.

Which of the following are examples of ways people can earn money?

a)

Saving money at a bank.

b)

Going to the bookstore to buy a science journal.

c)

Selling something made by hand.

d)

Donating money for a worthy cause.

12.

How can someone save money?

a)

Dom buys a store brand can of beans instead of the name brand because they are cheaper.

b)

Grace buys two pairs of identical jeans and pays full price for the jeans.

c)

Jaylan forgets the 20% coupon off on a video game at home and decides to buy the game anyway.

d)

Claire puts all her money in the bank to pay bills, buy groceries, and eat at McDonald's.

13.

Spending or Saving?

Taking your pet to the veterinarian for their annual check-up and vaccines.

a)

spending money

b)

saving money

14.

Spending or Saving?

Placing money in a retirement account.

a)

spending money

b)

saving money

15.

Spending or Saving?

Making a handmade gift for a friend's birthday party.

a)

spending money

b)

saving money

16.

Spending or Saving?

Driving to the island of Galveston to play on the beach.

a)

spending money

b)

saving money

17.

Spending or Saving?

Driving to the island of Galveston to play on the beach.

a)

spending money

b)

saving money

18.

Spending or Saving?

Depositing money in a piggy bank.

a)

spending money

b)

saving money

19.

Spending or Saving?

Driving to the island of Galveston to play on the beach.

a)

spending money

b)

saving money

20.

Keesha is writing a monthly budget for her social studies class.

What information will be needed for creating a budget?

Select TWO correct answers.

a)

A list of books she likes to read.

b)

A list of her monthly expenses and bills.

c)

A list of vacation destinations she would like to travel to and spend time in.

d)

The total amount of her monthly income.

21.

Michael began a new business. He is a 3rd grade student who makes Anime bookmarks and sells them at school and at a flea market on the weekend. Michael made a budget for the money he made to keep the business going.

What does Michael need to include in his budget to make his business a success?

a)

Money for paper, markers, colored pencils, and paints.

b)

Money for a PlayStation 5 and seven new games.

c)

Money for a backpack and camping equipment.

22.

Imagine that you have $10.00.

– What is a way you might have earned the $10.00?

– Tell how you might spend the $10.00.

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