denise_moody
denise_moody 9h ago • 0 views

Test Your Budgeting Skills: How Much Can You Spend? (Grade 3)

Hey there! 👋 Budgeting can be tricky, but it's also super important. This quiz will help you test your budgeting skills! Let's see how well you can manage your money! 💰
🧮 Mathematics
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2 Answers

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colin.jordan Jan 7, 2026

📚 Quick Study Guide

  • 💰 Budgeting: Planning how to spend your money.
  • ➕ Addition: Combining amounts to find the total.
  • ➖ Subtraction: Taking away amounts to find what's left.
  • 🤔 Making Choices: Deciding what to buy based on what you need and what you can afford.
  • 💡 Saving: Putting money aside for later.

🤔 Practice Quiz

  1. What does it mean to create a budget?
    1. (A) Spending all your money at once
    2. (B) Planning how to spend your money
    3. (C) Borrowing money from friends
    4. (D) Ignoring how much money you have

  2. You have $10. You spend $4 on candy. How much money do you have left?
    1. (A) $14
    2. (B) $6
    3. (C) $4
    4. (D) $2

  3. You want to buy a toy that costs $15, but you only have $8. How much more money do you need?
    1. (A) $23
    2. (B) $7
    3. (C) $8
    4. (D) $15

  4. You earn $5 each week for doing chores. How much money will you have after 3 weeks?
    1. (A) $5
    2. (B) $8
    3. (C) $10
    4. (D) $15

  5. You have $20. You want to buy a book for $7 and a game for $5. Can you afford both?
    1. (A) Yes, and you'll have money left over
    2. (B) Yes, and you'll have exactly enough
    3. (C) No, you'll be short $2
    4. (D) No, you'll be short $5

  6. You have $30. You spend $12 on a toy car and $6 on stickers. How much did you spend in total?
    1. (A) $6
    2. (B) $12
    3. (C) $18
    4. (D) $30

  7. You want to save $50 to buy a new bike. You save $10 each month. How many months will it take?
    1. (A) 3 months
    2. (B) 4 months
    3. (C) 5 months
    4. (D) 6 months
Click to see Answers
  1. B
  2. B
  3. B
  4. D
  5. A
  6. C
  7. C
✅ Best Answer
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dustin.vang Jan 7, 2026

📚 Quick Study Guide

  • 🔢 Budgeting is planning how to spend your money.
  • 💰 You need to keep track of how much money you have (income).
  • 🧾 You need to know what you want to spend your money on (expenses).
  • ⚖️ Make sure your expenses are less than or equal to your income.
  • 💡 Saving money is a great idea!

Practice Quiz

  1. Lily has $20. She wants to buy a book for $8 and a toy for $7. Can she afford both?

    1. $A) Yes, she will have $5 left.
    2. $B) No, she needs $5 more.
    3. $C) Yes, she will have $1 left.
    4. $D) No, she needs $1 more.

  2. Tom earns $15 per week. He spends $6 on snacks and $4 on games. How much does he save each week?

    1. $A) $5
    2. $B) $6
    3. $C) $10
    4. $D) $25

  3. Sarah has $30. She wants to buy a doll for $12 and a puzzle for $9. How much money will she have left?

    1. $A) $9
    2. $B) $21
    3. $C) $3
    4. $D) $51

  4. David earns $25. He spends $10 on a movie ticket and $8 on popcorn. How much money does he have left?

    1. $A) $7
    2. $B) $15
    3. $C) $17
    4. $D) $33

  5. Emily has $40. She wants to buy a dress for $18 and shoes for $15. Can she afford both?

    1. $A) Yes, she will have $7 left.
    2. $B) No, she needs $7 more.
    3. $C) Yes, she will have $8 left.
    4. $D) No, she needs $8 more.

  6. Michael earns $35 per week. He spends $12 on a toy car and $9 on candy. How much does he save each week?

    1. $A) $14
    2. $B) $21
    3. $C) $24
    4. $D) $56

  7. Olivia has $50. She wants to buy a game for $22 and a book for $11. How much money will she have left?

    1. $A) $17
    2. $B) $27
    3. $C) $33
    4. $D) $39
Click to see Answers
  1. C
  2. A
  3. A
  4. A
  5. A
  6. A
  7. A

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