Balancing a Family Budget is a free printable Grade 3 to Grade 5 social studies worksheet on balancing a family budget, aligned to C3 Framework indicator D2.Eco.1.3-5. It prints 6 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 1 of 25 · the same problems every time you open this link.
Read the budget and answer the questions, then circle the best answers.
1.Look at the source, then answer the questions.
The Patel Family: Plan and Actual Spending
A family budget written for this worksheet.
Income for June: $3,000
Food: planned $500, actually spent $560
Gas: planned $200, actually spent $180
Electricity: planned $150, actually spent $190
Entertainment: planned $100, actually spent $100
Rent and other bills: planned $1,950, actually spent $1,950
Total planned spending: $2,900
Total actual spending: $2,980
1. Which two lines were spent exactly as planned?
2. What was the family's income for June?
3. By how much did food go over its plan?
4. How much more did the family spend than it planned?
2.Lena budgets $200 for food in a month but spends $240. How much over her budget did she go?
A.$440
B.$20
C.$240 − $200 = $40
3.Why should a family keep receipts and records of what it spends?
A.To check what it actually spent against its plan
B.To spend more next month
C.Because stores ask to see them later
4.Which of these is a need in a family budget?
A.Concert tickets
B.A new video game
C.Rent
5.A family's income is $2,400. Its expenses are $1,000, $800 and $500. How much is left?
What does the Balancing a Family Budget worksheet cover?
It practices balancing a family budget — 6 questions for Grade 3 to Grade 5, all on C3 Framework D2.Eco.1.3-5: Weigh up what a choice gains against what it costs. The instruction to students is “Read the budget and answer the questions, then circle the best answers”, and the answer key follows on the next sheet.
Which C3 Framework indicator does Balancing a Family Budget practice?
D2.Eco.1.3-5, under Economics for Grade 3 to Grade 5. The published indicator reads: “Compare the benefits and costs of individual choices.” The worksheet assesses that indicator rather than a paraphrase of it.
What age or grade is this worksheet for?
Balancing a Family Budget is written for Grade 3 to Grade 5, typically ages 40-41. It is one of the sheets on D2.Eco.1.3-5, so it suits any student working at that standard — including older students revisiting it and younger ones working ahead.
Does Balancing a Family Budget come with an answer key?
Yes. All 6 answers are generated from the same problems as the questions, so the key cannot drift out of step with the sheet. It starts on a fresh sheet of paper, after the questions, so it is not handed out with the class by accident.
How many different versions of Balancing a Family Budget can I print?
25 — one per student, and all 25 ask different questions. Set 1 downloads the whole class as a single PDF. Every version is fixed to its own address, so a sheet printed today holds the same problems when you reopen it next week.
Is Balancing a Family Budget free to print and photocopy?
Yes. Balancing a Family Budget, its answer key and its 25 versions are free to print and photocopy for your own class, with no account, no email capture and no subscription at the download step. Please do not resell them or republish them as your own.
More practice for D2.Eco.1.3-5
Weigh up what a choice gains against what it costs.