Income and Expenses Worksheet
A second-grade math worksheet focused on understanding income and expenses, including identifying sources of income and types of expenses.
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Standards
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Income and Expenses Fun!
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Read each question carefully and answer to the best of your ability. This worksheet will help you learn about earning money (income) and spending money (expenses).
Income is the money you .
People can earn income by or by selling things.
1. Which of these is a way a child can earn income?
Playing with toys
Helping with chores
Eating dinner
Watching TV
Expenses are the money you .
When you buy something, that is an .
2. Which of these is an expense?
Getting your allowance
Finding money on the ground
Buying an ice cream cone
Receiving a birthday gift
3. When you buy a new pencil, it is an income.
True
False
4. When your parent gives you money for helping, it is an income.
True
False
5. Name one way you can earn income at home.
6. Name one thing you might spend your money on (an expense).
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