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Money · Ages 7+ · Set A
Spend or save?
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Goal: 15 min
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Remember: Spending and saving are both okay. A plan can do some of each. A good question is: what do I want most?

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Read the story first, then answer.

Kai at the fairIt was fair day, and Kai had eight pretend coins. The ice cream cost two coins. At the toy stall Kai saw a huge rocket puzzle for twelve coins, but Kai had only eight. Spend now, or save for later? Kai chose a bit of both. The ice cream cost two coins, so six were left, and the six went into a jar. Two coins came in every week for jobs around the house. After three weeks the jar held twelve coins, which was enough. Kai bought the puzzle. A friend might spend all eight on bubbles, and that is a choice too.
1
Kai put the 6 leftover coins in a jar. After week one the jar held coins.
2
Look at the table. In which week did the jar first hold enough for the 12 coin puzzle?
Week threeWeek oneWeek two
3
Kai spent all 8 coins on the ice cream.
TrueFalse
4
Kai has 8 coins. Join each spend to the coins left.
  1. 1Spend 1 coin
  2. 2Spend 3 coins
  3. 3Spend 4 coins
  4. 4Spend 5 coins
  • A7 coins left
  • B5 coins left
  • C4 coins left
  • D3 coins left
5
Circle every thing that fits best if you spend soon.
Ice cream that melts todayA big puzzle that costs a lotA card for a friend's birthday tomorrowA new bike for next summerBubbles for the fair this afternoon
6
Spending is okay, and saving is okay too.
TrueFalse

Order, fix and think

7
Number what Kai did.
  • The six coins that are left go into a jar
  • Two coins come in every week
  • Kai pays two coins for ice cream
  • The jar holds twelve coins
  • Kai buys the puzzle
8
Why did Kai not spend all eight coins on the ice cream?
Ice cream is not allowedEight is a bad numberIt would leave no coins for the puzzle
9
Fix the mistake. Kai says: Everyone must spend two coins and save the rest. What is wrong?
There is no one right split. Another child might choose differentlyNobody may saveNothing is wrong
10
Stretch. If Kai had spent 4 coins instead of 2, the jar would start with 4. At 2 coins a week it would hold 12 after weeks.
11
Write one thing you would spend soon, and one thing you would save for.
12
Draw Kai's jar with the six coins from the fair.
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Answer key · Set A
Spend or save?
18 6 + 2 = 8. Two coins came in every week for jobs.
2Week three The jar held 8, then 10, then 12. Twelve coins is enough, so week three.
3False The ice cream cost 2 coins. Kai saved the other 6.
41-A, 2-B, 3-C, 4-D 8 − 1 = 7, 8 − 3 = 5, 8 − 4 = 4 and 8 − 5 = 3. Spending makes the coins fewer.
5Ice cream that melts today, A card for a friend's birthday tomorrow, Bubbles for the fair this afternoon Things you need today or tomorrow fit best when you spend soon. A big puzzle and a bike are easier to reach by saving.
6True Both are fine. A plan can do some of each, as Kai did.
72, 3, 1, 4, 5 Kai spent a little first, then saved the rest, waited three weeks and bought the puzzle.
8It would leave no coins for the puzzle Spending all eight would leave nothing to save toward the puzzle.
9There is no one right split. Another child might choose differently Spending some and saving some got Kai both, but a friend might spend all eight, and that is a choice too.
104 4 + 2 = 6, 6 + 2 = 8, 8 + 2 = 10 and 10 + 2 = 12. That takes 4 weeks.
11Your own words: a grown-up reads it.
Mark each answer, count the right ones and write the score on the sheet.