Ask: did someone do work to get this money? If so, it's income. Add the amounts earned to find the income; take away what's paid to find what's left.
incomemoney you earn by working
earnget money for doing a job
goodsthings you can hold, like crayons
serviceswork done for you, like a haircut
Watch for: Calling a gift or found money income. Taking away when the story adds two amounts earned. Calling a service like a haircut a good because you can see it.
At home: Talk about jobs people you know do and how they earn income. Offer a few cents for an extra chore and call it income.
Sample sheet and answer key
Freddie's Frog Pond
Grade 1 · What is income? · 1.9A
NameDate
Freddie the frog lives in a busy pond full of bugs, lily pads and friends. Solve each problem to help Freddie out!
Is it income?
Income is money earned from work. Circle yes or no.
Moss borrows 10¢ from a friend.yesno
Pip earns 30¢ selling lemonade.yesno
Fern gets 50¢ for washing the car.yesno
Goods or services?
Goods are things you can hold. Services are work done for you.
a loaf of breadgoodservice
a music lessongoodservice
a jar of honeygoodservice
a pair of shoesgoodservice
Needs first
Fern earned 85¢. Write need or want. Buy the needs first.
Item
Cost
Need/want
soap
10¢
eggs
20¢
stickers
30¢
The needs cost
Left from 85¢
Is what's left enough for stickers?
Income stories
1
Freddie earns 65¢ for chores and 10¢ for walking a dog. What is Freddie's income?
¢
2
Toby's income is 20¢. Toby pays 10¢ for a car wash. How much is left?
¢
Sheet
Freddie's Frog Pond
Grade 1 · What is income? · 1.9A
Answer key
Freddie the frog lives in a busy pond full of bugs, lily pads and friends. Solve each problem to help Freddie out!
Is it income?
Income is money earned from work. Circle yes or no.
Moss borrows 10¢ from a friend.yesno
Pip earns 30¢ selling lemonade.yesno
Fern gets 50¢ for washing the car.yesno
Goods or services?
Goods are things you can hold. Services are work done for you.
a loaf of breadgoodservice
a music lessongoodservice
a jar of honeygoodservice
a pair of shoesgoodservice
Needs first
Fern earned 85¢. Write need or want. Buy the needs first.
Item
Cost
Need/want
soap
10¢
need
eggs
20¢
need
stickers
30¢
want
The needs cost30¢
Left from 85¢55¢
Is what's left enough for stickers?yes
Income stories
1
Freddie earns 65¢ for chores and 10¢ for walking a dog. What is Freddie's income?
65 + 10 = 75
75¢
2
Toby's income is 20¢. Toby pays 10¢ for a car wash. How much is left?
20 − 10 = 10
10¢
Answer key
New problems every time, three levels (gentle, core and stretch), themes to pick from, a second page if you want one. Each sheet comes with an answer key and a one-page guide for grown-ups.