My Personal Allowance Worksheet
A Grade 1 social studies worksheet on personal allowance, helping students understand saving and spending.
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My Personal Allowance Worksheet
Name:
Date:
Score:
Read each question carefully and answer to the best of your ability. This worksheet is about how you earn and use your personal allowance.
1. My personal allowance is money I get to or .
2. When I save money, I put it in a bank or a special jar.
3. What should you do if you want to buy a big toy that costs a lot of money?
Spend all your money right away
Save your money until you have enough
Ask for more money every day
Forget about the toy
4. It is good to save some of your allowance for later.
True
False
5. You should spend all your allowance as soon as you get it.
True
False
6. What is one thing you would like to save your allowance for?
7. What is one thing you bought recently with your allowance?
This is a piggy bank! It helps you save your money.
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