Money Know-How
With Oscar the Owl
http://financialeducation.citigroup.com
©2006 Citigroup Inc.
©2006 Citigroup Inc.
ANSWER KEY
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C it ig ro u p
Quarters: 1 Value: 25¢
Dimes: 2 Value: 20¢
Nickels: 2 Value: 10¢
Pennies: 3 Value: 03¢
TOTAL VALUE OF COINS: 58¢
PAGE 8
ancegh
lalodr
auterqr
knecil
nte lodlasr
change
dollar
quarter
nickel
ten dollars
PAGE 9
Answers will vary.
Complete the sentence: Always
COUNT your change!
socks, house, bread, corn, apple
needs
PAGE 14
Answers will vary.
PAGE 12
1.Food, shelter, and clothing are things that we all need.
2.Most people do not have enough money to buy everything they want.
3.The safest place to keep money is in the bank.
4.Income is the money people earn for doing their jobs.
5.Stop, look, and listen before making decisions about spending money.
6.People use the money they earn to buy their needs and wants.
7.Sometimes we receive unearned money for special occasions, like birthdays.
8.Sometimes we have to save our money before we are able to buy the things we want.
9.Quarters, dimes, nickels, and pennies are all coins.
10.Music, sports equipment, and books are things that we may want.
11.We should think carefully before we spend money.
PAGE 17
Answers will vary.
PAGE 18
I checked out two movie DVDs from the library instead of renting them every weekend?
$8.00 x 1 time/week = $8.00 x 52 weeks/year = $416.00
I brought a bottle of juice from home instead of buying one every day at school for lunch?
$2.00 x 5 times/week = $10.00 x 52 weeks/year = $520.00
I gave up the candy bar I buy each day from the drugstore?
$1.00 x 7 times/week = $7.00 x 52 weeks/year = $364.00
I gave up eating a fast-food meal once each week?
$5.00 x 1 time/week = $5.00 x 52 weeks/year = $260.00
PAGE 19
Answers will vary.
PAGE 20
Penny Nickel Dime Quarter 7 days
4 days
8 days
5 days
PAGE 21
Money allows us to buy needs and wants.
One dollar is worth twenty nickels.
Needs are those things that we cannot live without.
Earned money is what we receive for the work that we do.
Y ou should think for yourself when deciding how to spend your money.
Wants are things we would like to have, but can live without.
I ncome is money that we earn. This is money from a job or chores.
Shop around to find the best deal before spending money.
Every one should spend money wisely!
PAGE 22
Answers will vary.
25
Lesson 1
Shopping Maze.................................................. page 3
Thumbs Up!........................................................... page 4
Lesson 2
Found Money...................................................... page 5
Job Hunting.......................................................... pages 6-7
Lesson 3
Mixed-Up Money.............................................. page 8
Pocket Change.................................................... page 9
Lesson 4
Wants and Needs Puzzle............................... page 10
You Can’t Always Get What You Want! page 11
Lessons 1-4 Vocabulary Review
Banking Words................................................... page 12
Money
Know-How
With Oscar
the Owl
Lesson 5
Wants and Needs Crossword....................... page 13
Asking About Others...................................... page 14
Lesson 6
You’d Better Shop Around............................. page 15
Smart Shopper................................................... page 16
Lesson 7
Decisions, Decisions........................................... page 17
Doing Without.................................................... page 18
Lesson 8
If I Save A Million Dollars............................. page 19
Making Money Grow..................................... page 20
Lessons 1-8 Overview/Review
Wise Up!................................................................ page 21
The Story of My Financial Success.......... page 22
Answer Key......................................................... page 25
Fo r Pa re nts & Te a c h e rs:
To learn more about Citigroup’s
Financial Education Program, visit
http://financialeducation.citigroup.com.
For classroom and interactive lessons
for children, teens, and adults in
English and Spanish, visit
http://curriculum.financialeducation.citigroup.com.
2
Spending Money
Lesson
1
Level: Easy (K-2)
Shopping Maze
Help the shoppers find their way
to the checkout.
Here’s a hint:
Look for the
aisles with
items on sale!
SALE
SALE
3
Spending Money
Lesson
1
Level: Medium (K-2)
Thumbs Up!
Whenever you buy something, you have a decision to make.
There are so many choices! Compare the items pictured. Decide
which one is the best buy for your money. Circle that item to
give it a thumbs up!
0
$1.5a c h
$2.00
e
SA LE
25%
OF F
De s i g
ner
Bra n
d
4
t
oun
D is c n d
a
Br
Where Does Money Come From?
Found Money
Lesson
2
Level: Medium (K-2)
Have you ever picked up a coin you saw lying on the
sidewalk? This is unearned money. There is lots of unearned
money in this picture. Count the number of coins and then
add up their values. How much money did you find?
How many quarters? ______ Value: ______
How many dimes? ______ Value: ______
How many nickels?
______ Value: ______
How many pennies? ______ Value: ______
TOTAL VALUE OF COINS: __________________
5
Lesson
2
Level: Easy (K-2)
6
Where Does Money Come From?
Job Hunting
Everyone is very busy! Can you find at least seven adults
and children in this neighborhood who are doing jobs that
might earn them money? Put a circle around each of them.
7
What is Money?
Lesson
3
Level: Medium (K-2)
Mixed-Up Money
These money words are
mixed up like a fist full
of cash! Unscramble
each word, and then
draw a line to connect
the word to its picture.
Use the circled letters to
complete the sentence
below.
d i m e
imde
— —— —
ance gh
— — — — — —
lalo dr
— — — — — —
au te rqr
— — — — — — —
k ne cil
—— — — — —
n te lo dlasr — — —
Al ways
8
— — — — — — —
yo ur ch ange !
C omple te
t his
se n te nce .
What is Money?
Lesson
Pocket Change
3
Level: Challenging (K-2)
You have a pocket full of change. Here’s your chance to spend
it! Write the number of coins you will need to buy each of the
items pictured. Remember that many different combinations
of coins can add up to the same amount of money.
3
2
2
3
$1.08
$1.25
73¢
24¢
$1.69
9
Lesson
4
Level: Challenging
(K-2)
Do You Really Need It?
Wants and Needs
Puzzle
Read each of the words in the list below. If it is a WANT (something
you can live without), color the space with that number YELLOW.
If it is a NEED (something you cannot live without), color the space
with that number GREEN.
1. roller blades
14. home
2. baseball
15. coat
3. water
16. milk
4. puppy
17. comic book
5. sandwich
18. doll
6. shoes
19. jeans
7. apartment
20. fruit
8. pencil
21. hat
9. socks
22. skateboard
10. vacation
23. school books
11. breakfast
24. gum
12. CDs
25. movie
13. bike
You’ll see a
sign when you
do it right !
10
Do You Really Need It?
You Can’t Always Get
What You Want!
Lesson
4
Level: Medium (K-2)
Look at all there is to buy! Circle the five items that are
needs (not wants) and write your answers on the lines
below. Write the LAST letter in each of your words.
Unscramble these letters to discover the secret word.
11
Lessons
1-4
Level: Medium (K-2)
Vocabulary Review
Banking Words
bank
need
want
decisions
coins
buy
save
money
spend
earn
unearned
1. Food, shelter, and clothing
are things that we all
_________________________.
2. Most people do not have enough
_________________________
to buy everything they want.
3. The safest place to keep money is in the _________________________.
4. Income is the money people _________________________ for doing their jobs.
5. Stop, look, and listen before making _________________________ about spending money.
6. People use the money they earn to _________________________ their needs and wants.
7. Sometimes we receive _________________________ money for special occasions,
like birthdays.
8. Sometimes we have to _________________________ our money before we are able to buy
the things we want.
9. Quarters, dimes, nickels, and pennies are all _________________________.
10.Music, sports equipment, and books are things that we may
_________________________.
11.We should think carefully before we
_________________________ money.
12
Choose the
word that BEST
comple te s e ach
sentence!
What Matters Most?
Wants and Needs
Crossword
Don’t be clueless when it comes to your
wants and needs! Read the clues and
complete this puzzle to learn more.
Lesson
5
Level: Medium (3-5)
Across
1. Different people have
_______ wants and
needs.
4. We all have to make
______ about what we
would like to have or do the
most.
6. We need this to survive and
to build strong bodies.
8. Everyone needs food,
clothing, and _______.
9. Something you would like,
but could live without.
Down
2. Earning an _______ gives
people money to buy their
wants and needs.
3. One kind of shelter.
5. Something that we cannot
live without.
7. We need this to protect
our bodies from harsh
weather.
13
What Matters Most?
Lesson
Asking About
Others
5
Level: Challenging
(3-5)
Inter view a
friend or family
member about
his or her wants
and needs
and write the
answers in the
spaces provided.
What is one thing that you want now that you are not
able to buy? _____________________________
______________________________________
_______________________________________
Tell me about something that you had to wait and save
for a long time to get. ________________________
________________________________________
_________________________________________
How did you feel when you finally got it? ___________
___________________________________________
___________________________________________
Are your wants and needs different today than they were one
year ago? How?__________________________________
_____________________________________________
_____________________________________________
14
Is It Really Worth It?
You’d Better
Shop Around
Lesson
6
Level: Medium (3-5)
You ’re making spaghetti for dinner! You have $10.00 to buy the
items you’ll need on your list. Circle the best choice for each of
the items. Add them up. Did you stay within your budget?
65¢
PA
S
TA
$1. 85
E
G EN
R IC
PA
S
TA
99¢
N
FA
CY
$1.25
$1.55
spaghe t t i dinne r
le t t uce
juice
bre ad
spaghe t t i s auce
pas t a
$2.25
$3.25
Generic
SAUCE
$2.50
FANCY
SAUCE
$4.30
$4.25
15
Lesson
6
Level: Challenging
(3-5)
Is It Really Worth It?
Smart Shopper
Smart shoppers know they need to be careful of catchy ads. Can
you “catch” four ads that make you want to buy the product, but
are probably not completely true? Put a circle around them.
Eat all the ice
cream you
want, and never
gain weight!
Costs less
than the
brand name
cereal!
Buy one book,
get one of equal
value free!
Our tee shirts
are 100%
cotton!
Look like a
movie star with
“Super Shiny
Nail Polish”!
16
These jeans fit
every size and
shape!
Ride our bike
and you’ll be
flying!
Where Does My Money Go?
Lesson
Decisions,
Decisions
7
Level: Medium (3-5)
You have an allowance of $10.00 a week. It’s up to you how to
spend it. Decide which items you want to buy. You may decide to
buy some items more than one time during the week. Remember,
you don’t have to buy something every day! You may decide to
spend less than $10.00 during Week 1 in order to save enough
money to buy something you really want in Week 2.
Budget Week 1
Monday ______________________
Tuesday
_____________________
Wednesday ___________________
Thursday _____________________
$1.75
25¢
$12.00
75¢
$2.25
$3.00
Friday _______________________
Saturday _____________________
Sunday _______________________
TOTAL _______________________
Budget Week 2
Monday ______________________
Tuesday
_____________________
Wednesday ___________________
Thursday _____________________
Friday _______________________
Saturday _____________________
$8.00
$3.50
$1.50
Sunday _______________________
TOTAL _______________________
17
Lesson
7
Level: Challenging
(3-5)
Is It Really Worth It?
Doing Without
Do the math to find out how much money you would save in
one year by “doing without” these purchases.
“Hmm, wonder just
how much I’d save if…”
$8.00
$2.00
$1.00
$5.00
I checked out t wo movie DVDs from the library instead of renting them every weekend?
_____ x 1 time/week = _____ x 52 weeks/year = _____
$8.00
$2.00
$1.00
$5.00
I brought a bottle of juice from home instead of buying one every day at school for lunch?
_____ x 5 times/week = _____ x 52 weeks/year = _____
I gave up the candy bar I buy each day from the drugstore?
_____ x 7 times/week = _____ x 52 weeks/year = _____
I gave up eating a fast-food meal once each week?
_____ x 1 time/week = _____ x 52 weeks/year = _____
18
“Hey, I could put
all the money I
just saved into
the bank so it can
grow even more!”
Piggy Bank or Savings Account?
If I Save a
Million Dollars
Lesson
8
Level: Medium (3-5)
Even if you never save a million dollars, it’s fun to think
about what kinds of things money can buy. Fill in the
blanks with your wildest dreams!
If I save a million dollars
I’ll buy _______________________.
If I save a million dollars
I’ll buy _______________________for my house.
If I save a million dollars
I’ll buy my family _______________________.
If I save a million dollars
I‘ll buy a _______________________car.
If I save a million dollars
I’ll buy my friend _______________________.
If I save a million dollars
I’ll buy me _______________________.
If I save a million dollars
I’ll buy_______________________ for a pet.
If I save a million dollars
I won’t have to _______________________.
If I save a million dollars
I’ll buy _______________________to wear.
If I save a million dollars
I’ll be rich!
“If I keep saving my
money and it grows
in the bank over
many, many years,
someday I might have
a million dollars!”
19
Piggy Bank or Savings Account?
Lesson
Making
Money Grow
8
Level: Challenging
(3-5)
We all know that money doesn’t grow on trees! But the
money you put in the bank is like a seed. If these money
seeds double each day, how many days will it take to grow
into each of these money trees?
$0.64
____days
$12.80
____days
20
$0.40
____days
$4.00
____days
Overview/Review
Wise Up!
Lessons
1-8
Level: Medium (3-5)
M________ allows us to buy needs and wants.
O ________ dollar is worth t wenty nickels.
N________ are those things that we cannot live without.
E ________ money is what we receive for the work that we do.
Y________ should think for yourself when deciding how to spend your money.
W________ are things we would like to have, but can live without.
I ________ is money that we earn. This is money from a job or chores.
S ________ around to find the best deal before spending money.
E ________ one should spend money wisely!
FILL IN
THE
BLANKS!
21
Lessons
1-8
Level: Challenging
(3-5)
Overview/Review
The Story of My
Financial Success
Imagine that you’ve done such a great job managing your
money that the magazine, “Money, Money, Money” is
featuring an article about YOU! Fill in the blanks to write
the story of your financial success.
M o n e y
M o n e y
M o n eI N yE
ey Tyc o o n
n
o
M
g
in
r
u
t
a
Fe
_________
_
_
_
_
_
_
_
_
_
_
e)
__
(student’s nam
M A G A Z
ey by
I ea rn lo ts of mon
__________.
_
_
_
_
_
_
_
_
_
_
_
________
____________
.
ex pe n si ve st ores
,
cy
n
fa
t
a
op
sh
n’t
To save money, I do
__________.
_
_
_
_
_
_
_
_
_
_
_
_______
In stead , I sh op at
by
k e to save money
li
I
e,
or
st
y
er
oc
At th e gr
_______ a n d
_
_
_
_
_
_
_
_
_
_
_
________
____________
___.
____________
_
_
_
_
_
_
_
_
_
_
_
____
____________
rned a n d save d in
ea
e
I’v
t
a
th
ey
I p u t th e mon
__.
____________
_
_
_
_
_
_
_
_
_
_
_
___
____________
22
C o n g rat u latio n s !
We hope that you have enjoyed working through
this activity book with Oscar the Owl. We also
hope that you have learned more about ways to
make, save, and spend money wisely. Remember
that when you know how money works, you can
make better decisions about how to use it.
23
NOT ES
Use this page to help you work out the puzzles and math
problems, or to write down things from the activities that
you want to remember.
24