Grade Level: 5 Where Does All My Money Go?

Lesson: 3

Activity 5.3-4a Name _______________________________ Class Period _________

Maria and Roberto are planning for their family vacation next month. Each wants to have money to
spend on their trip. Roberto challenged Maria that he will have more money than she will at the end
of the month. Below is a calendar that lists the income and expenses for both Roberto and Maria.
Roberto began the month with $6.24 and Maria began the month with $8.75.
Roberto’s Calendar

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

1 Wash car, 2 3 Buy spiral 4 Buy lunch 5 6 Donate to 7 Mow yard
earn $10.00 notebook at school food drive earn $15.00
$1.89 $3.75 $1.00
8 Buy movie 9 Buy candy 10 11 12 Buy 13 Buy 14 Rake
ticket bar snack soda leaves, earn
$5.25 $0.89 $1.25 $1.59 $7.00
15 16 Wash 17 Buy 18 19 Wash 20 21 Mow
dishes, earn poster board dishes, earn yard, earn
$2.00 $2.25 $2.00 $15.00
22 Buy CD 23 24 Buy 25 Buy 26 Buy 27 Wash 28 Buy
school lunch school lunch pencil colors dishes, earn movie ticket
$15.99 $2.75 $2.75 $1.89 $2.00 $6.50
29 Mow 30 Buy 31
yard, earn snack
$15.00 $1.79

Maria’s Calendar

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

1 Help 2 3 Buy 4 5 Buy snack 6 Donate to 7 Buy spiral
clean, earn school lunch food drive
$10.00 $2.75 $1.79 $1.00 $2.00
8 Babysit, 9 Buy candy 10 11 Buy pack 12 Buy 13 14 Babysit,
earn of folders school lunch earn
$15.00 $0.89 $1.79 $2.75 $15.00
15 Buy 16 17 Buy new 18 19 Buy new 20 Buy 21 Babysit,
lunch at jeans pencils school lunch earn
mall $10.79 $12.99 $1.59 $3.75 $20.00
22 Go 23 Wash 24 25 26 Wash 27 28 Buy
bowling dishes, earn dishes, earn movie ticket
$10.00 $2.00 $2.00 $6.50
29 Wash 30 31 Buy
car, earn snack $1.35
$7.50
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 Grade Level: 5 Where Does All My Money Go? Lesson: 3

Activity 5.3-4b Name _______________________________ Class Period _________

Directions: Using the information from the calendars on page 1, complete the financial record
below to determine how much money remains after the end of the month.
Financial record for Roberto
Expenses
Income
Entertainment School Supplies Food/Snacks Other

_____________ _____________ _____________ _____________ _____________

Calculate the totals for each column.

What is the total amount of income? ______________

What is the total amount of expenses? ______ + ______ + ______ + ______ = ________

Total Income minus total expenses equals the balance of money left over.
– =
Income Expenses Balance

What is the balance of money at the end of the month for Roberto? ______________
What is the balance of money at the end of the month for Maria? ______________
Who won the challenge? ______________

How much more money did the winner have? _____________

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 Grade Level: 5 Where Does All My Money Go? Lesson: 3

Activity 5.3-4b Name _______________________________ Class Period _________

Financial record for Maria

Expenses
Income
Entertainment School Supplies Food/Snacks Other

_____________ _____________ _____________ _____________ _____________

Calculate the totals for each column.

What is the total amount of income? ______________

What is the total amount of expenses? ______ + ______ + ______ + ______ = ________

Total Income minus total expenses equals the balance of money left over.
– =
Income Expenses Balance

What is the balance of money at the end of the month for Roberto? ______________
What is the balance of money at the end of the month for Maria? ______________
Who won the challenge? ______________

How much more money did the winner have? _____________

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