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Features

  • A unit that comes from state standards (Common Core has no money in 3rd grade)
  • Every lesson of the unit, in the same kinds of question as the test
  • Count bills and coins to $5.00, write amounts with $ and ¢, and make an amount with the fewest bills and coins
  • Decide whether there is enough money, and which of two amounts is more
  • Make change by counting on from the price, and in a story
  • Skills and income, scarce or plentiful and the price, planned and unplanned spending, borrowing with interest, and saving and giving
  • Answer keys name the lesson and skill of every question

Skills Covered

  • Count bills and coins and write amounts as dollars and cents
  • Write the same amount with $ or ¢
  • Make an amount with the fewest bills and coins
  • Decide whether there is enough money, and compare two amounts
  • Make change from $5.00 or less
  • Skills, training and income
  • Scarcity, plenty and price
  • Planned and unplanned spending
  • Credit: borrowing, lending and interest
  • Saving and giving

How to Use This Pack

Two pages that go over the whole unit on money and financial literacy, to do together the day before the test. Its 12 questions are the same kinds as the test's, in the same order, with other money and stories: questions 1 to 3 count and write money, 4 and 5 ask whether there is enough and who has more, 6 and 7 make change, and 8 to 12 are financial literacy. There is no Score line: it is practice, not a grade. The pre-check and the unit test are packs of their own.

In the Classroom

Do the review together the day before the test, with play bills and coins out. Every lesson in this unit is a state lesson, so go over the parts your state teaches and leave out the rest. Work a question, then let students try the next one on their own, and stop on any that trip up more than a few. The keys name each question's lesson, so a question the class misses points to the lesson to go back to.

At Home

Use the review as practice before a test at school. Count the money in a wallet together, pay for something small and count on to check the change, and talk about a savings goal and how many weeks it would take.

Tips for Success

  • Keep play bills and coins out
  • Count the bills first, then count on with the coins: $2 and 67 cents is $2.67
  • Count on from the price to make change, smallest coin first
  • Ask "is it enough for everyone who wants one?" before deciding scarce or plentiful
  • Go back to the lesson the key names for a question the class misses

Common Core Standards Alignment

This pack supports the following Common Core State Standards for Mathematics:

  • 2.MD.C.8 Solve story problems with pennies, nickels, dimes, quarters and dollar bills, writing amounts with the $ and ¢ signs.

© Copyright 2010. National Governors Association Center for Best Practices and Council of Chief State School Officers. All rights reserved.

3rd Grade Money and Financial Literacy Unit Review

A review of the unit on money and financial literacy, to go over together the day before the test. Students count bills and coins, decide whether there is enough money, make change, and answer questions about income, scarcity, spending, credit and saving.

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What’s Included

  • A two-page review of every lesson in the unit (12 questions)
  • Answer keys that name each question's lesson and skill (4 pages in all)
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