📚 Part 1: Vocabulary and Multiple Choice

I can: Define key money and banking terms and identify consumers and producers.

1. Match each word with its meaning. Draw a line to connect them.

Consumer

Producer

Bank

Deposit

Withdrawal

Lender

Borrow

A person who buys goods or services

A person who makes goods or provides services

A place that keeps money safe

To put money into the bank

To take money out of the bank

A person or business that loans money

To receive money with the understanding that it will be repaid

2. Which statement best describes a consumer?

A person who makes toys

A person who buys toys

A person who sells toys

A person who fixes toys

3. Maria asks her friend for $5 to buy lunch. Her friend asks for the money back tomorrow. Maria keeps the $5 for two weeks before returning it. Which is true about Maria?

Maria is a responsible lender

Maria is an irresponsible lender

Maria is a responsible borrower

Maria is an irresponsible borrower

💰 Part 2: Money Problems

I can: Solve money word problems and create tables to track earnings.

4. Emma is doing chores to earn money for a new book that costs $42. The table shows how Emma is saving her money.

Week 1: $18 Week 2: $12 Week 3: $25

Which statement is true about Emma?

Emma needs to keep saving in order to buy her book

Emma has enough money to buy the book

Emma has enough money to buy 2 books

5. Carlos is walking dogs to earn money for a baseball glove that costs $48. Show Carlos's earnings in the table below:

Week 1: $16 Week 2: $20 Week 3: $18

Which statement is true about Carlos?

Carlos needs to keep saving in order to buy his glove

Carlos has enough money to buy the glove

Carlos has enough money to buy 2 gloves

6. Sarah has 63 cents. Sarah has 28 cents more than Tom. How much money does Tom have?

Answer: Tom has _______ cents.

7. How much money do Sarah and Tom have in all? (Show your work)

Answer: Sarah and Tom have _______ cents in all.

🔑 Answer Key

1. Vocabulary Matching:

Consumer → A person who buys goods or services
Producer → A person who makes goods or provides services
Bank → A place that keeps money safe
Deposit → To put money into the bank
Withdrawal → To take money out of the bank
Lender → A person or business that loans money
Borrow → To receive money with the understanding that it will be repaid

2. A person who buys toys

3. Maria is an irresponsible borrower

4. Emma has enough money to buy the book (18 + 12 + 25 = $55, which is more than $42)

5. Carlos has enough money to buy the glove (16 + 20 + 18 = $54, which is more than $48)

6. Tom has 35 cents (63 - 28 = 35)

7. Sarah and Tom have 98 cents in all (63 + 35 = 98)

Extension for Advanced Learners: Create your own word problem about someone saving money for a goal. Include at least 3 weeks of earnings and determine if they have enough money.

Dyslexia-Friendly Support: Students may use manipulatives (coins, counters) to solve money problems. Allow extra time for reading questions aloud.