Worksheet

Budgets and Money Decisions

Grade 4 - Social Studies - Building Confidence

NameDate

  1. A family has a grocery bill that changes depending on what is bought. Is this expense fixed or variable?

    • variable
    • income
    • fixed

  2. Kenji's car wash fundraiser made $60 in sales. Supplies cost $20. What was the profit?

    • $38
    • $42
    • $40

  3. Priya keeps $20 in a piggy bank that earns nothing extra. A bank savings account can slowly earn interest instead. Which option grows the money by itself?

    • both grow the same amount
    • the bank savings account
    • the piggy bank

  4. Noah gets $10. Noah plans to spend $5, save $3, and give $2 to a food pantry. How much will Noah give?

    • $3
    • $5
    • $2

  5. Which is one purpose of a bank or credit union?

    • it keeps people's money safe and can lend money
    • it keeps all deposited money for itself
    • it spends customers' savings on gifts for itself

  6. A family pays the same $900 rent every single month. Is this expense fixed or variable?

    • income
    • profit
    • fixed

  7. Aiyana's friendship bracelet stand made $18 in sales. Supplies cost $6. What was the profit?

    • $9
    • $11
    • $12

  8. Priya saves the same $20 for a year in two places: one account that earns interest, and one jar that earns nothing extra. Which will have more money at the end of the year?

    • they will have the same amount
    • the account that earns interest
    • the jar that earns nothing extra

  9. Noah gets $10 and plans to spend $5, save $3, and give $2 to a food pantry. How much will Noah save?

    • $10
    • $5
    • $3

  10. A family needs to borrow money for a car. Which kind of place offers loans?

    • a farm
    • a bank
    • a toy store
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