Grade 6 Cash Flow Worksheet
A worksheet for 6th graders to understand and calculate cash flow, including income, expenses, and net cash flow.
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Grade 6 Cash Flow Worksheet
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Date:
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Read each question carefully and answer to the best of your ability. Show your work where necessary.
1. Which of the following best describes 'income' in terms of cash flow?
Money you spend on things.
Money you receive, like from a job or allowance.
Money you save for the future.
Money you owe to someone.
2. What are 'expenses' in the context of cash flow?
Money you earn.
Money you spend on goods and services.
Money given as a gift.
Money saved in a bank.
Fill in the blank with either 'Income' or 'Expense'.
1. Receiving your weekly allowance:
2. Buying a new video game:
3. Money earned from doing chores:
4. Paying for a movie ticket:
1. Sarah earned $25 from babysitting and $10 from her allowance. She spent $15 on a new book. What is Sarah's net cash flow for the week?
2. David started the month with $50. He received $20 for his birthday and spent $30 on snacks and $10 on a comic book. What is David's net cash flow for the month? How much money does he have left?
1. If your income is greater than your expenses, you have a positive net cash flow.
True
False
2. A negative net cash flow means you spent more money than you earned.
True
False
Use the words below to complete the sentences.
1. Money coming into your possession is called .
2. Money going out to pay for things is called .
3. The difference between your income and expenses is your .
4. A plan for how you will spend and save your money is a .