Running Balance Practice
Practice calculating running balances with simple addition and subtraction for third graders.
Includes
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Running Balance Practice
Name:
Date:
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Read each scenario carefully and calculate the running balance. Remember to add money you get and subtract money you spend!
1. Lily started with $10 in her piggy bank. She earned $5 for helping her mom. Then, she spent $3 on a new sticker book. What is her running balance?
Starting Balance: $10
Earned: $5
Spent: $3
Running Balance:
2. Tom had $15. He bought a toy car for $4. Later, his grandma gave him $7 for his birthday. What is his running balance?
Starting Balance: $15
Spent: $4
Received: $7
Running Balance:
3. If you have $8 and you get $2 more, your new balance is .
4. If you have $12 and you spend $5, your new balance is .
5. Starting with $20, then spending $10, and then earning $6, your balance is .
6. Explain in your own words what a 'running balance' means.
7. A running balance always goes up.
True
False
8. When you spend money, your running balance decreases.
True
False