An allowance is an important thing! Make sure your kids know how to save and spend their own money. Using the book The Case of the Shrunken Allowance as a starting point, this plan covers income, spending and saving, counting, and more.

Concepts

banking, income, saving money, spending money, interest, counting, counting coins, currency

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Additional Tags

social studies

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Instructional Ideas

• While called an assessment in the plan, you could easily use the final worksheet as a homework assignment or group practice activity
• Use this plan during a unit on money

Classroom Considerations

• Note that the provided presentations are for interactive whiteboards, but are not essential to the lesson
• You will need to borrow or buy a copy of The Case of the Shrunken Allowance by Joanne Rocklin

Pros

• Answers are written alongside the questions in the lesson; a separate answer key is also included for the assessment
• Plan procedures are detailed and thorough
• Cross-curricular plan combines math, language arts, and economics concepts

Cons

• None

Common Core

RL.2.1 RL.2.3 RL.3.1 RL.3.3 SL.2.2 SL.3.2 2.OA.A.1