Money Management Worksheet
A Grade 6 worksheet covering essential money management concepts like earning, spending, saving, and budgeting.
Includes
Standards
Topics
Money Management: Earning, Spending, and Saving
Name:
Date:
Score:
Read each question carefully and answer to the best of your ability. Show all your work for calculation problems.
1. The money you receive for working is called .
2. A plan for how you will spend and save your money is called a .
3. Putting money aside for future use is known as .
4. Money spent on needs and wants is called .
1. Which of the following is considered a 'need'?
A new video game
Food
Concert tickets
A fancy meal at a restaurant
1. Sarah earns $15 each week by doing chores. If she saves $5 each week, how much money will she have saved in 8 weeks?
2. Explain the difference between a 'need' and a 'want' and give an example of each.
1. It is important to save all of your money and never spend any.
True
False
Create a simple budget for a month using the information below. Fill in the 'Remaining' column.
Income: Allowance - $40, Dog Walking - $20
Expenses: New Book - $15, Movie Ticket - $10, Snacks - $5
Category
Amount
Remaining
Income: Allowance
$40
Income: Dog Walking
$20
Expense: New Book
$15
Expense: Movie Ticket
$10
Expense: Snacks
$5
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