Grade 2 · lesson 3 of 4

Choosing with a Fixed Budget

Add the prices, compare the cost with the pretend budget, and find any money left.

About 10 minutes, plus any extended practice

Download the grade pack

Supplied materials

  • Paper and pencil; drawing or spoken answers are welcome.
  • Topic notes: Fits with money left: the total cost is strictly below the stated budget. Exceeds the limit: the total cost is greater than the stated budget. Exactly uses the limit: the total cost equals the stated budget. Money remaining: the budget amount left after the stated spending.
  • Original exercise cards: Fictional budget $8; selected item costs $6. / Fictional budget $7; selected item costs $9. / Fictional budget $9; items cost $4 and $5. / Fictional budget $10; spending $6 leaves $4. What does the $4 represent? / Fictional budget $10; items cost $6 and $5. / Fictional budget $12; items cost $7 and $5. / Fictional budget $15; spending $8 leaves $7. What does the $7 represent? / Fictional budget $10; items cost $4 and $5.

Learn the idea

A budget limit means not every possible purchase fits. A cost is the amount used for an item. Affordable means the total fits the stated limit, not that an item is useful or necessary. Money remaining equals the limit minus spending. All amounts here are fictional.

Fits with money left: the total cost is strictly below the stated budget. Exceeds the limit: the total cost is greater than the stated budget. Exactly uses the limit: the total cost equals the stated budget. Money remaining: the budget amount left after the stated spending.

Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget. Ask an adult to read the notes and cards aloud. Point, draw or say your answer.

  1. Ask an adult to read the four notes. Find the words Fits with money left, Exceeds the limit, Exactly uses the limit, Money remaining.
  2. Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget.
  3. Read the worked answer. Then try the other cards and explain which words helped you choose.
  4. Point to, draw or say two different examples: one for Fits with money left and one for Exceeds the limit. Explain how their clues differ.
Worked example

See the method in action

Fictional budget $8; the selected item costs $6. Compare 6 with 8: 6 is strictly smaller, so the choice fits with money left. Subtract spending from the limit: $8 − $6 = $2 remaining. The cost does not exactly use the budget and does not exceed it. This calculation tests the supplied limit; it does not establish whether the item is needed or every purchase is affordable.

Your turn

Check your reasoning

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Helpful tips
  • Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget.
  • If you are unsure, ask an adult to read the card again. Match what this card says; do not add a new event or detail.
Use the notes and this card. Fictional budget $7; selected item costs $9. Which choice best fits?

Feedback appears here after you check. This is practice, not a graded school assessment.

See the answer and explanation

Exceeds the limit

The selected cost is $9. It is greater than the $7 budget. It exceeds the limit by $2: $9 − $7 = $2.

Take it further

New card: “Fictional budget $10; items cost $4 and $5.” Match it with a note, then point to or say the words that helped. Check: The selected cost is $9 (4 + 5 = 9). It is less than the $10 budget. The choice fits with money left: $10 − $9 = $1.

Nothing here is saved to an account or sent to a teacher. The answer download includes your current choice and any checked feedback. It does not include choices from the separate More practice section. Download that section separately.

More practice: try new cases

Choose an answer for each problem. Explain your method on paper, then use the feedback to decide what to revisit.

More practice: try new cases
1. Use the notes and this card. Fictional budget $9; items cost $4 and $5. Which choice best fits?
Need a hint?
  • Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget.
  • Find the note for Exactly uses the limit. Check which words in this card match it.
2. Use the notes and this card. Fictional budget $10; spending $6 leaves $4. What does the $4 represent? Which choice best fits?
Need a hint?
  • Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget.
  • Find the note for Money remaining. Check which words in this card match it.
3. Use the notes and this card. Fictional budget $10; items cost $6 and $5. Which choice best fits?
Need a hint?
  • Add the selected costs. Compare the total with the budget. If asked about money left, subtract spending from the budget.
  • Find the note for Exceeds the limit. Check which words in this card match it.

Your choices are temporary. Feedback appears after you check all the answers.

Nothing here is saved to an account or sent to a teacher. Keep your own notes or download them before leaving. The score describes these questions; it does not certify subject mastery.

Check the subject sources

These LifeStarter passages, scenarios and exercises are authored for this Academy with AI assistance and review. External resources keep their publishers’ terms. A grade label suggests a starting level; it does not establish alignment with your school’s complete requirements.