Lesson · Grade 3 · Mathematics
Earning Money and Ways to Pay
- Grade 3
- Mathematics
- 1 min 5 s
- British Columbia
- BC3-MA-32
To reach a $25 kite goal, we earn a $10 bill and a $5 bill at a bake sale and five $2 coins from returning cans, and a goal bar fills up as $15 + $10 = $25. Then we meet three common ways to pay (cash, a card where the money comes from a bank, and trading goods or services) and pay for the kite in cash.
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In one sentence
The question this lesson answers
Our goal is a kite that costs 25 dollars.
Earning means getting money for work we do.
Transcript
What the lesson says
Our goal is a kite that costs 25 dollars.
Earning means getting money for work we do.
First, we sell muffins at a bake sale.
We earn a 10 dollar bill and a 5 dollar bill, which make 15 dollars.
Next, we return cans for recycling.
We earn five 2 dollar coins: 2, 4, 6, 8, 10 dollars.
15 dollars plus 10 dollars makes 25 dollars.
We reached our goal of 25 dollars!
There are three common ways to pay.
Cash means paying with bills and coins.
With a card, the money comes from a bank.
In a trade, we swap goods, like a book, or services, like sweeping.
We pay the 25 dollars in cash, and the kite is ours.
Earn money toward a goal, then pay with cash, a card or a trade.
Curriculum
Where this fits
- British Columbia, Grade 3
Mathematics, Financial literacy: financial literacy: fluency with coins and bills to 100 dollars, and earning and paymentBC3-MA-32
The outcomes and strands follow the British Columbia curriculum.
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