# Introduce Your Students to the Spend, Save, Give Method

An important lesson on being more thoughtful and responsible about how we use our money.

Spend, save, give is a classic way to manage your money. Give your grade 3-5 students an intro to thoughtfully and responsibly using money with this āSpending, Saving, Givingā lesson and accompanying worksheet. Itās all part of ourĀ Adventures in Math resource center!

## Whatās in the āSpending, Saving, Givingā lesson?

This lesson is divided into two parts:

Part 1āMaking and Planning a Budget: Use the Using Money Wisely activity sheet to guide students through making decisions about using money.

Part 2āKeeping Records:Ā Give students a money-based word problem that they must solve using mental math. Not being able to write it down helps reinforce why itās important to keep accurate records, especially when using the spend, save, give method.

## Standards

• Develop an understanding of personal financial literacy, including budgeting, spending, saving, and charitable giving.
• Participate in group discussions.
• Reason abstractly and quantitatively.
• Communicate mathematical ideas, reasoning, and relationships.
• Use place value understanding and properties of operations to perform multi-digit arithmetic.
• Apply mathematics to solve problems arising in everyday life.
• Solve problems using the four operations with whole numbers and decimals to hundredths.
• Solve multi-step word problems.
• Analyze information, formulate a plan or strategy, determine a solution, justify the solution, and evaluate the problem-solving process and the solution.