Money as a tool worksheets Grade 1 Social Studies

📚 Topic Summary

Money is a tool that helps us get the things we need and want. It's how we pay for food, toys, and even experiences like going to the zoo! Different countries use different types of money, like dollars in the United States. Understanding money helps us make smart choices about spending and saving.

Think of money as a way to trade. Instead of trading your toys for someone else's snack, you can use money to buy the snack! This makes it easier for everyone to get what they need and want.

🧮 Part A: Vocabulary

Match the word to its definition:

1. Word: Money
2. Word: Save
3. Word: Spend
4. Word: Needs
5. Word: Wants

1. Definition: To keep money for later.
2. Definition: Things you must have to live.
3. Definition: Something used to buy things.
4. Definition: Things you would like to have but don't need.
5. Definition: To use money to buy something.

✍️ Part B: Fill in the Blanks

Use the words money, save, spend to complete the sentences.

I can use _____ to buy a toy. If I _____ my money, I can buy something bigger later. When I _____ money, it goes away.

🤔 Part C: Critical Thinking

Imagine you have $5. What would you buy, and why?