Financial Literacy
Financial Literacy Worksheets for Children: An Introduction to Financial Education
Interactive and printable worksheets for elementary-age children on:
- Saving for a rainy day
- Making wise financial choices
- Basic terms like spending, saving, cost and income
- Needs, wants, and priorities
- Debt and interest
So many people enter adulthood with less than ideal financial habits: spending irresponsibly, treating credit cards like cash, not paying debts on time, making no provisions for emergencies, etc.
Some of it, like going into debt, is a necessity for some people because of their circumstances.
But a lot of it is also because they just don’t know — and weren’t taught — better. Many grew up in households where the adults who raised them also had bad financial habits.
To be clear, this is NOT about judging people. If it’s a choice between going into debt and going hungry, we would all likely choose debt too. Most of us would do anything for our families.
But the thing is: bad financial habits tend to create a cycle.
And if people are ever going to break out of that cycle of debt and spending, they need to learn good financial habits. They need to learn how to set goals, make choices, form plans and put them into action so that they can — slowly but surely, no matter how slowly! — work towards financial stability.
And it’s best if we all learn to do that at a young age!
The worksheets below serve as an introduction to some of the most important core messages of financial education.
They can be used before a more detailed lesson — as an eye-opener or an assessment of previous knowledge — or after a lesson to reinforce learning.
The worksheets can be answered online, right here on this page, but there are also links to downloadable PDF files if you prefer to work with printable worksheets.
Here’s to nurturing financially smart kids who can become financially wise adults!
Note on the Worksheets
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Financial Literacy Worksheet for Grade 2: Preparing for Financial Emergencies
A printable version of this worksheet can be downloaded here: Financial Literacy Worksheet for 2nd Grade (PDF)
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Related core messages from the Department of Education:
- It is important to follow a consistent habit of saving money to achieve goals and cope with emergencies.
- Planning and saving helps us cope with unexpected emergencies.
- Illustrate the value of “saving for the rainy days.”
- Failing to plan is planning to fail.
Financial Education Worksheet for Grade 3 (in Pesos): Making Wise Choices
A printable version of this worksheet can be downloaded here: Financial Education Pesos Worksheet for 3rd Grade (PDF)
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Related core messages from the Department of Education:
- Each person has different needs and must make good decisions on how to earn, save, borrow, spend, and donate money.
- Understand how to make choices with saving and spending money.
- Know how to spend money wisely.
- Save for the future.
- Think carefully before you spend.
Financial Literacy Worksheet for Grade 4: Basic Terms Crossword
A printable version of this worksheet can be downloaded here: Financial Literacy Worksheet for Grade 4 (PDF)
Words in this puzzle: budget, cost, earn, emergency, income, job, needs, saving, spending, wants
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Related core messages from the Department of Education:
- Understand the concepts of earn, save, spend, and donate.
- Master the steps of the money cycle: earn, save, spend, borrow, and donate.
Financial Literacy Worksheet for Grade 5: Needs vs. Wants vs. Priorities
A printable version of this worksheet can be downloaded here: Financial Literacy Worksheet for Grade 5 (PDF)
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Related core messages from the Department of Education:
- Know the difference between “needs,” “wants,” and “demands.”
- Plan your spending by buying less of your wants and demands.
Financial Literacy Worksheet for Grade 6 (in Pesos): Debt and Interest
A printable version of this worksheet can be downloaded here: Financial Literacy Pesos Worksheet for Grade 6 (PDF)
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Related core messages from the Department of Education:
- Be mindful of money borrowed in terms of principal value and interest.
- Credit is a sum of money that a person or a bank lends to you. Normally you are required to pay an additional amount called interest when you return or pay the loan back. The borrowed sum plus interest must be paid on time and, if possible, in full, to avoid additional interest charges and penalties.
- Debt should be used for beneficial goals and investments.
- Debt is sometimes unavoidable.
- Debts MUST be paid so borrow only what you can afford to pay.
- Have a clear plan on how to pay a debt.