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Saving Up and Paying Back is a free printable Grade 3 to Grade 5 social studies worksheet on figuring out savings plans and the cost of credit, aligned to C3 Framework indicator D2.Eco.10.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 4 of 25 · the same problems every time you open this link.

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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Saving Up and Paying Back

D2.Eco.10.3-5

NameDate

Circle the answer that shows the work.

1.What is credit?
  • A.Money you are given as a gift
  • B.Money you earn by working
  • C.Borrowing money now and paying it back later
2.Kim needs $24 for a trip. She saves $4 a week. How many weeks will it take?
  • A.20 weeks
  • B.$24 ÷ $4 = 6 weeks
  • C.28 weeks
3.What is one benefit of a savings plan?
  • A.Prices stop changing
  • B.Money grows steadily toward a goal, like college
  • C.You never have to wait
4.What is interest on a loan?
  • A.Extra money the borrower pays the lender for using the money
  • B.Money the lender gives away
  • C.A discount on the price
5.Maria saves $3 a week for 10 weeks for a gift. How much does she save?
  • A.$33
  • B.10 × $3 = $30
  • C.$13
6.Why does saving up first often cost less than buying on credit?
  • A.Saving adds a tax
  • B.Stores charge savers more
  • C.When you save first, you pay no interest
7.When do people use credit?
  • A.When what they want or need costs more than they can pay right now
  • B.Only when they have too much money
  • C.Never, because credit is free money
8.Who must pay back money borrowed on credit?
  • A.The store clerk
  • B.The lender
  • C.The borrower

LessonPrint · D2.Eco.10.3-5 · Set 4 · free to copy for classroom use

Answer key — Saving Up and Paying Back

Set 4. Prints on its own sheet.

  1. 1.Borrowing money now and paying it back later
  2. 2.$24 ÷ $4 = 6 weeks
  3. 3.Money grows steadily toward a goal, like college
  4. 4.Extra money the borrower pays the lender for using the money
  5. 5.10 × $3 = $30
  6. 6.When you save first, you pay no interest
  7. 7.When what they want or need costs more than they can pay right now
  8. 8.The borrower

Last reviewed 2026-09-05. Aligned to D2.Eco.10.3-5 of the C3 Framework for Social Studies State Standards.