💰 Part 1: Understanding Saving Goals

1. Circle whether each saving goal is SHORT-TERM or LONG-TERM:

a) Saving $15 for a new video game in 3 weeks

Short-term

Long-term

b) Saving $500 for a new bicycle over 6 months

Short-term

Long-term

c) Saving $8 for a school lunch special next Friday

Short-term

Long-term

2. Why is saving money important? Give two reasons:

🧮 Part 2: Saving Calculations

3. Sarah wants to save $120 for a school excursion in 12 weeks. How much does she need to save each week?

Answer: $_______ per week

4. If Tom saves 15% of his $40 weekly allowance, how much will he save each week?

Answer: $_______ per week

5. Emma saves $8 each week. How much will she have saved after 15 weeks?

Answer: $_______ after 15 weeks

📊 Part 3: Create Your Saving Plan

6. Choose ONE saving goal and create a plan:

Save $80 for a new pair of shoes in 8 weeks

Save $150 for a gaming headset in 10 weeks

Save $200 for a school camp in 20 weeks

My chosen goal: ________________________________

Total amount needed: $__________

Time frame: __________ weeks

Amount I need to save each week: $__________

7. Show your calculation work:

8. What percentage of a $25 weekly allowance would you need to save to reach your goal?

Answer: _______% of weekly allowance

🎯 Part 4: Saving Strategies

9. Tick ALL the good saving strategies:

Set aside money as soon as you receive it

Spend money first, then save what's left over

Keep track of your savings progress

Save a fixed amount or percentage each week

Only save when you feel like it

Have a clear goal for what you're saving for

10. Match the saving scenario with the best strategy:

1. Saving for a $300 phone in 6 months

2. Saving $20 for a movie ticket next week

3. Saving for university in 5 years

A. Save small amounts daily

B. Set up long-term savings account

C. Save weekly from allowance

✏️ Part 5: Reflection

11. Describe one short-term saving goal you have and explain how you would achieve it:

12. Fill in the blanks:

The main difference between short-term and long-term saving is ______________. Using percentages helps with saving because ______________. If I save consistently each week, I will be able to ______________ my financial goals.

13. Create a simple weekly savings chart for your goal from question 11:

Saving Strategies Worksheet

Saving Strategies Worksheet

💰 Part 1: Understanding Saving Goals

🧮 Part 2: Saving Calculations

📊 Part 3: Create Your Saving Plan

🎯 Part 4: Saving Strategies

✏️ Part 5: Reflection

About This Worksheet

Free in Kuraplan

Print-Ready

AI-Generated

For Teachers & Parents

Need a custom version of this worksheet?

More Maths Worksheets

Year 8 Maths Challenge

Year One English & Maths

Coding and Maths Exploration

ALIM Maths Acceleration Agenda

Everyday Money Maths

Year 4 Maths Placement Test

Migration Maths Journey

Functional Skills Maths Revision

Explore more free resources