Smart Spending: Real-World Money Decisions for 7th Graders

1. Sarah wants to buy a new phone that costs $600. She has saved $250. How much more money does she need to save?

• $300

• $350

• $400

• $250

2. A family is planning a vacation that will cost $2,000. They have saved $1,200 so far. How much more do they need to save each month if they want to go in 4 months?

• $200

• $100

• $150

• $300

3. A local store is having a sale where all items are 20% off. If a jacket originally costs $80, what will be the sale price?

• $80

• $72

• $48

• $64

4. Tom is saving for a video game console that costs $300. If he saves $50 each month, how many months will it take him to save enough money?

• 10 months

• 4 months

• 6 months

• 8 months

5. Emily wants to buy a bicycle for $150. She has $90. If she can earn $20 a week from chores, how many weeks will it take her to have enough money?

• 3 weeks

• 4 weeks

• 2 weeks

• 5 weeks

6. A group of friends wants to go to a concert that costs $120 per ticket. If there are 5 friends, how much money do they need to collect in total?

• $480

• $300

• $720

• $600

7. A restaurant bill comes to $75. If you want to leave a 15% tip, how much should you add to the total bill?

• 11.25

• $12.00

• $10.50

• $15.00

8. A school fundraiser sells cookies for $3 each. If they sell 150 cookies, how much money will they raise?

• 300

• 4500

• 600

• 450

9. Lisa is budgeting for her monthly expenses. If her rent is $800, groceries are $300, and utilities are $150, what is her total monthly expense?

• $1000

• $1250

• $900

• $1400

10. A new video game costs $60. If you find a used one for $40, how much money do you save by buying the used game instead?

• $20

• $30

• $10

• $50