Math Word Problems about Money     
 

Note to teacher: These problems are varied in their level of difficulty. Simply copy and paste the ones that apply to your child's math level, or that appeal to you, and make a worksheet from them.
 

Jasmine has ten dollars to spend on Christmas presents for her parents. She buys her mother a book about teaching math. It is four dollars and thirty-two cents. She buys her father a book on dads who homeschool. It costs three dollars and fifty-eight cents. How much has she spent so far? How much does she have left over? What do you think she should do with the left-over money?

Jared wants to buy a train set for his little brother. It costs twelve dollars, but he only has eight dollars and twenty-nine cents. How much more does he need? What are some ways he could earn this money?
 

Maria wanted to buy her sister a new doll. The doll she chose was five dollars. She went back to the store to buy it and found that it was on sale for three dollars and eighty-six cents. How much money did she save?
 

Carlos knows a little boy in his neighborhood who is very poor. He sees the little boy looking at a baseball in the toy store, and hears the boy's mother telling him they don't have enough money to buy it. Carlos notices that the ball costs eight dollars and forty-two cents. He has six dollars and twelve cents saved up to buy some baseball cards. He decides to buy the ball instead, and give it to the little boy for Christmas. How much more does he need to earn to buy the ball?
 

Greta is helping out at the food bank. The manager says that they don't have enough baby food. Greta goes to the store and sees that she can buy baby food for fifty cents a jar. She has four dollars and eighteen cents. How many jars of baby food can she buy to donate to the food bank?
 

Erik likes to visit Mrs. Garcia, who lives all alone. Just before Christmas, Mrs. Garcia tells Erik she is very sad because her son can't come to visit for Christmas this year after all. He wants to cheer her up and decides to bake her favorite cookies. His mother says he can use any ingredients in the cupboard, but they don't have any walnuts, and Mrs. Garcia loves walnuts. The walnuts are on sale for three dollars and twelve cents. He earns two dollars helping his mother. How much more does he need to earn? If his father pays him one dollar and fifteen cents for shoveling snow, will he have enough to buy the walnuts?
 

Natasha's family is gathering presents for a family who just moved to this country and doesn't have very much money. Natasha is in charge of choosing presents for the girl who is her age. She gives the girl her favorite doll and her favorite book. She wants to buy something else too, because she knows the girl really wants an American flag of her very own. Natasha dumps all the coins out of her piggy bank and finds six dollars. The flag set she wants is twelve dollars, because it also comes with a book about the flag. Natasha checks all her pockets and finds one dollar in her jeans and fifty-eight cents in her black pants. How much more does Natasha need to earn to buy the flag set she wants to give the girl? Should she try to earn more, or should she find a cheaper flag? 

 

A Clever bank that will encourage your children to save!