Instructions
Read each section carefully and provide your answers in the spaces provided. Focus on managing money effectively in everyday scenarios!
Math Section
1. You have a monthly allowance of $150. If you save 20% of it, how much money will you save each month?
2. You want to buy a new video game that costs $60. After saving for 3 months, how much of your allowance will you have left if you save $10 each month?
3. If you spend $25 on snacks each week, how much will you spend in 4 weeks?
Life Skills Section
1. Describe a situation where you would need to budget your money carefully. Include your income and expenses in your answer.
2. How would you handle a situation where you want to buy something but don’t have enough money saved up? Write down your plan.
3. List at least three ways to save money in your daily life and explain why you think they are effective.