Saving & Spending
Learn what money is for: tell needs from wants, save a little at a time, check what you can afford and plan for a goal.
What your child learns
- Tell needs (food, a home) from wants (toys, treats)
- Count how savings grow week by week and how much is left after spending
- Plan how long it takes to save for something, compare deals and split money into save, spend and share
Example
A $30 scooter, saving $5 a week: 30 ÷ 5 = 6 weeks.
Practice questions
A taste of the questions in BloomTracks – the app makes fresh ones every time and adjusts the level as your child answers.
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Question 1 · Level 1
🍎 Is healthy food a need or a want?
- need
- want
Show the answer
Answer: need
We need healthy food to stay healthy and safe, so it is a need.
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Question 2 · Level 3
You want a toy that costs more than you have. What can you do?
- save up a little each week
- forget about money forever
- take it without paying
- cry until someone buys it
Show the answer
Answer: save up a little each week
The best answer is: save up a little each week.
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Question 3 · Level 5
🖍️ You need 6 crayons. Which is the better deal?
- They cost the same
- 6 crayons for $15
- 1 for $3 each
Show the answer
Answer: 6 crayons for $15
One by one costs 6 × $3 = $18. The pack costs $15, so the pack saves you $3.
Try it at home
Use three jars – Save, Spend and Share – for pocket money, and let your child pick a saving goal.
Key takeaway
Saving a little, often, adds up to something big.
Practise saving & spending with Bloomie
Bloomie reads every question aloud, listens to spoken answers and adapts the difficulty one question at a time.