Earning and Saving Money 💰

Name: _______________________________
Date: _______________________________

1. Maia receives $8.50 pocket money each week. How much pocket money does she receive in:

a) 4 weeks? $_____________

b) 8 weeks? $_____________

c) 12 weeks? $_____________

2. Liam earns money by doing extra chores. He earns $5.00 for washing the car, $3.50 for mowing the lawn, and $2.00 for tidying his room.

a) If he does all three chores in one week, how much does he earn? $_____________

b) He also receives $6.00 pocket money. What is his total for the week? $_____________

c) If he does this every week for 6 weeks, how much will he have earned altogether? $_____________

3. Sofia wants to save $120 to buy a new bike. She saves $7.50 from her pocket money each week.

a) How much will she save in 10 weeks? $_____________

b) How many weeks will it take her to save enough for the bike? _____________

4. Aroha receives $12 pocket money each week. She spends $4.50 on snacks and saves the rest.

a) How much does she save each week? $_____________

b) How much will she have saved after 8 weeks? $_____________

c) After 8 weeks, she spends $35 on a present for her mum. How much does she have left? $_____________

5. Jackson earns $15 per week helping at his dad's shop. He saves half of his earnings and spends the other half.

a) How much does he save each week? $_____________

b) How much will he have saved after 3 months (12 weeks)? $_____________

6. Emma and her brother Tom both receive pocket money. Emma gets $9.50 per week and Tom gets $7.00 per week. They decide to save together to buy a present for their parents that costs $82.50.

a) How much do they save together each week? $_____________

b) How many weeks will it take them to save enough? _____________

Challenge Problem! 🌟

Kahu saves $8.50 each week for 10 weeks. He then spends $42 on a game. The next week, he receives $20 for his birthday and adds it to his savings. How much money does Kahu have now?

Answer: $_____________