Introduce Your Students to the Spend, Save, Give Method

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

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Flat lays of Spend, Save, Give lesson

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 “Spending, Saving, Giving” lesson and accompanying worksheet. It’s all part of our Adventures in Math resource center!

What’s in the “Spending, Saving, Giving” lesson?

This lesson is divided into two parts:

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

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


  • 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.

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