Grade 5 Financial Literacy Worksheets

Learning Objectives

• Explain key business planning vocabulary: plan, market, customer, advertise, and goal.
• Choose appropriate steps for creating a simple business plan for selling something.
• Identify how market and customers affect what a business decides to sell and how to advertise.

Learning Objectives

• Define revenue, cost, profit, and loss using simple examples.
• Identify the correct calculation and relationship between revenue, cost, and margin.
• Choose whether a situation shows profit or loss based on given amounts.

Learning Objectives

• Explain what startup costs are and why they happen before earning revenue.
• Identify revenue and expenses in simple money situations.
• Use vocabulary such as startup, cost, revenue, expense, and supply to describe a budget.

Learning Objectives

• Identify the difference between a product and a service in a business scenario
• Use key vocabulary words (business, product, service, customer, idea) to explain what a business offers
• Match customer needs to the correct product or service and choose the best business support

Learning Objectives

• Identify safe habits for paying online using a bank or payment card
• Recognize why protecting personal information helps keep money safe
• Use the idea of recording purchases to help track spending

Learning Objectives

• Identify how a receipt helps a consumer prove a purchase.
• Explain the difference between a return and a refund.
• Recognize what a warranty is and how it protects a buyer.+ Show more

Learning Objectives

• Identify common advertising words and claims in online offers for purchases.
• Explain how to recognize safer payment habits when buying online.
• Use key vocabulary (online, payment, secure, password, privacy) to describe good choices.

Learning Objectives

• Explain how comparison shopping helps people choose the best value by checking price, quality, and delivery details.
• Identify warning signs of scams and fake offers, including urgent messages, suspicious links, and offers that seem too good to be true.
• Use financial vocabulary (scam, fraud, trick, warning, fake) to describe unsafe purchasing situations.

Learning Objectives

• Define key financial literacy words: balance, goal, priority, amount, and leftover.
• Identify how to track spending to keep money balanced for needs, saving, and goals.
• Choose a priority and determine a spending plan that leaves an appropriate leftover amount.

Learning Objectives

• Define and use saving plan vocabulary such as track, category, record, spend, and save.
• Identify how recording purchases and sorting them into categories helps people see where money goes.
• Choose the best saving plan action when given a spending scenario.

Learning Objectives

• Define fixed expenses and variable expenses using clear financial vocabulary.
• Identify which bills or costs are fixed or variable in everyday situations.
• Distinguish an expense payment amount that stays the same from one that changes.

Learning Objectives

• Define budgeting terms such as budget, income, and expense.
• Identify how to plan a budget for goals using money set aside ahead of time.
• Calculate a simple total by adding expenses or savings amounts.

Learning Objectives

• Explain how safe ATM habits help protect an account
• Identify when to check an account balance and record important information
• Use vocabulary words (account, balance, record, check, protect) to describe money safety

Learning Objectives

• Identify what a debit card is used for in everyday money situations
• Explain how withdrawals from an ATM connect to a checking account
• Recognize safe PIN habits and ways to protect account information

Learning Objectives

• Define and use the vocabulary savings account, deposit, withdrawal, record, balance, and interest.
• Identify whether an action is a deposit or a withdrawal and predict how it affects a savings account balance.
• Use a simple account record to calculate a new balance after deposits and withdrawals.+ Show more

Learning Objectives

• Explain what a bank account is and why people use one instead of keeping cash at home.
• Identify the meanings of deposit, withdrawal, and balance.
• Use bank-account terms to interpret simple money situations.