money problem solving activities

16 Money Word Problems with Solutions and Answers (By Grade)

By: Author Amanda L. Grossman

Posted on Last updated: January 31, 2023

Develop students’ money life skills plus work on math concepts with real-life money word problems with solutions and answers.

Bell ringers, math centers, classroom money pickles, daily warm-ups…you can sneak these money word problems with solutions and answers into your student’s day in lots of different ways.

Or, make them the highlight of your 30-minute personal finance session – use whatever time you’ve got.  

The exciting thing about using money word problems and consumer math worksheets is you’re giving your students the chance to practice both math AND money life skills they’ll be able to use out in the wilds of the “real world” (like in the produce section of the super market).

Awesome! Let’s dig in.

Money Word Problems with Solutions and Answers

Money word problems can begin as early as 2 nd grade with simple addition and subtraction.

And they get increasingly more complex – two steps, then multiple steps, and more complex thinking – as students go through middle school and then high school.

We’ll start with the easier money word problems, and move into more complex ones, by grade.

Psst: do your students need a refresher on counting money or identifying coins? Here are free 2 nd grade money worksheets , 14 money counting games , and a bunch of free consumer math worksheets .

Money Word Problems Grade 3

While there’s no mention of money for Grade 3 Common Core Standards , you can relate several of the math standards to money word problems.

Teaching students math AND money life skills at the same time? #winning.

For example:

• Number and Operations in Base Ten (CCSS.MATH.CONTENT.3.NBT.A.2) : Fluently add and subtract within 1000 using strategies and algorithms based on place value, properties of operations, and/or the relationship between addition and subtraction.
• Operations and Algebraic Thinking (CCSS.MATH.CONTENT.3.OA.D.8) : Solve two-step word problems using the four operations. Represent these problems using equations with a letter standing for the unknown quantity. Assess the reasonableness of answers using mental computation and estimation strategies including rounding.

Here are some worksheets with money word problems to help your students practice these concepts.

1. Money Task Cards + Scavenger Hunt

This free set of money task cards each has mostly one-step money word problems on them.

You can cut them out, and do a scavenger hunt around the room to get students up and moving. OR, she has lots of other ideas for how to use them. There’s also a worksheet asking students to come up with their own money word problem using specific amounts.

Very helpful!

2. Money Shopping Word Problems

Scroll down on this page, and you’ll find a nice collection of shopping money word problem worksheets for free.

Students will work through:

• Adding up the cost of ordered items from a menu
• Calculating their change after an order
• Calculating sales tax

They’ve also got some good free worksheets on Wage word problems, simple and compound interest calculation word problems, etc.

Hint: there’s worksheets in here for older grades, too.

Two-Step Money Word Problems for 3 rd Graders

You likely saw above that third graders are supposed to be doing two-step word problems.

Two-step money word problems require two calculations to complete them. They’re not entirely straightforward – your students will need to think things through a bit more before they can come up with the correct answer.

3. Money Within $100 Word Problems

Get your set of 5 free, two-step money word problems within $100. Each word problem has space to draw and work through the problem.

4. Simple Two-Step Money Word Problems

Here’s a three-page set of two-step money word problems that have students add up the total amount of spending, then figure out how much change they should get back.

There are spaces for students to work out each of the two steps.

Hint: this is a free set of money word problems, but you’ll need a free Teachers Pay Teachers account to access it.

5. August Problem Solving Path Worksheets

I just love the real-world approach this packet of word problems takes.

She includes a math journal for each problem (there is one money word problem, and the rest are word problems involving other common core standards for 3 rd graders), and a rubric on the math journal sheet so that you can easily grade based on your student’s work.

There’s both a US and a UK version.

6. Two Simple Two-Step Money Word Problems

And here’s another set of two-step money word problems for 2 nd -4 th graders. Again, kids are asked to add up the total cost of items purchased, then calculate how much change they would get back.

7. Can I Buy It? Word Problems

If you’re looking for an easier set of two-step word problems for your bunch of students, then you should check these out.

8. Mix of One-Step and Two-Step Money Word Problems

Here’s a simple worksheet that has a mix of both two-step and one-step money word problems for 3 rd graders. The theme is around ordering food items.

Money Word Problems with Solutions and Answers Grade 5

There are no Common Core State Standards for Mathematics (CCSSM) specifically for money math at the 5th grade level.

However, you can relate the math concepts in the CCSSM to real-life money scenarios with these money word problems.

• Number and Operations in Base Ten (CCSS.MATH.CONTENT.5.NBT.B.5 – B.7) : Students should be able to perform operations with multi-digit whole numbers and decimals to the hundredths (which is an essential skill when working with money).
• Operations and Algebraic Thinking (CCSS.MATH.CONTENT.5.OA.A.2) : Students should be able to understand and write expressions and equations and solve real-world and mathematical problems using addition, subtraction, multiplication, and division.

1. Bertie’s Big Win

Students are tasked with figuring out how much money Bertie won through the lottery, based on the fractional amounts he spent on various things (like a house, a trip to space, a luxury yacht, etc.).

Answer sheet is included, which is good – because this is a tough one!

Hint: they say on the website that the 4 th grade versions of his money word problems are a bit easier than the 5 th grade ones, so you might want to try those if this seems too hard for your class.

2. YMI’s Healthy Meal, Healthy Budget Worksheets

Grab your free teaching kit (for grades 3-5, then 6-8) that pairs healthy eating lessons with 5 money math word problems you’d find in the real world.

For example, the first word problem asks students to plan a meal for two people using chicken tenders as the base. They’re given the serving size for each person, then two different options to buy and asked to calculate which is the best money (by calculating the per-unit cost and then comparing that with what they get). 

Answers and explanations are provided.

3. Mixed Practice Money Word Problems

Students are given three paragraphs describing a real-life scenario that is going to cost money. Then, students are asked a series of questions below it, and will need to use multiple kinds of calculations to solve them (subtraction, addition, multiplication, etc.).

4. Value Your Power Word Problems

Here’s a set of money math worksheets tied to electricity use in the household.

In the first activity, students are asked to decipher an electricity bill. They’ll chart the kilowatts used each month of the year, and then work through a series of questions based on that information (such as calculating an average monthly cost).

There’s also a Value Your Power Scoreboard worksheet students can take home as a family challenge.

Hint: it says it’s for 4 th grade – but I suspect these would be great for some 5 th grade students anyway.

5. Thanksgiving Dinner PBL

This project for grades 3-5 starts with the following driving question:

“ I need to feed my family of six for Thanksgiving. For my meal I need an appetizer, main dish, two side dishes, a dessert, and a drink (at least). I have $175 to spend on all the ingredients and any decorations I may want. What should I make?”

Students are tasked with creating a meal plan, recipes, and a grocery list with prices.

Hint: you’ll need a free account on ShareMyLesson.com to download this free lesson plan and rubric.

Advanced Money Word Problems for Older Students

Got a group of high schoolers, or advanced middle schoolers to find money word problems for? These multi-step money word problems and money-thinkers might be just the thing.

Money Word Problem #1: Ad Sale Decode

Money Lesson : Ads aren’t always truthful, or as good of a deal as they first seem.

Norgay Sherpa, a mighty Everest climber who has personally climbed to the top of Everest three times (called summitting), saw a television commercial for a pair of Black Diamond Trail Pro Shock Trekking Poles. They have non-slip grips + are collapsible (something that would be very helpful on future climbs).

He wants to purchase them, but is confused about how much his total cost will be. Here are the details for a pair of trekking poles:

• Two easy payments of $127.05
• $9.95 Shipping & Handling
• Get one extra pair free (an incredible deal!), just pay Shipping & Handling (S&H)

What is Sherpa Norgay’s total cost going to be?

Answer : $274. How you get there is adding the two “easy payments” of $127.05 + $127.05 + $9.95 S&H + $9.95 S&H (for the second “free” pair).

Money Word Problem #2: Car Insurance Snafu

Money Lesson : How auto insurance works.

One of your expedition partners, Sandy, is facing a money dilemma. She called her husband over Base Camp’s satellite phone and found out he was in a car accident. Don’t worry, he’s okay! But their family car looks like it was in an Avalanche.

Here are the details:

• The accident was her husband’s fault, meaning he hit the other car.
• Her family has a liability auto insurance policy that insures both of their vehicles.
• They pay a monthly premium of $96/month.
• They took the vehicle to a repair shop, and the quote to repair their car is $875.
• They have an auto insurance deductible of $500.

How much is this car repair going to cost Sandy and her family out of their own pocket?

Answer : $875. They don’t have comprehensive car insurance, and Liability Only insurance means costs to repair the other person’s car will be paid, but not their own car. So, they’re left to pay the full $875.

Money Word Problem #3: Foreign Currency Mix Up

Money Lesson : How to figure out the value of a US Dollar against one of the other 168 currencies in the world.

Mingma Sherpa has been an outstanding partner for your expedition team. He’s done all of his duties to help you on Everest − such as setting up your tents and cooking some of your meals − and was paid 360,908.33 Nepalese Rupees for doing so.

It is common courtesy to tip your Sherpa, especially when they’ve done a great job. If you were to tip Mingma 51,593.24 Nepalese Rupees, how many US Dollars would that be?

Assume that 1 US dollar = 103.186 Nepalese Rupees.

Answer : $500 US Dollars. That’s 51,593.24/103.186.

I hope you’ve found some helpful money word problems with solutions and answers. I think these can open up some fun and helpful discussions with and between students that will help them manage their money as adults.

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Students will absolutely need to know how to handle money in their daily lives. Math Games is here to make sure that happens! Our free educational games motivate kids to hone and develop this skill by combining instructional tools with competitive fun.

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Solving money problems

What is problem solving.

Problem solving is a great way to put your money knowledge into practice and think about how money is used in the real world.

Remember that RUCSAC can help you solve word problems:

RUCSAC is an acronym that helps us to remember the order to tackle word problems:

R EAD the question carefully.

U NDERLINE and U NDERSTAND key words.

C HOOSE the correct operation (+ - x ÷) and method.

S OLVE the problem!

A NSWER the question.

C HECK your working out.

Now let's take a look at some money problems and use RUCSAC to help us solve them.

Charlotte saved £18.45 of the money she got for her birthday and £11.53 of the money she earned from babysitting her brother. How much money has she saved altogether?

Have you read the question carefully?

• U NDERLINE and U NDERSTAND

Underline or highlight the important information. Do you know what the problem is asking?

Charlotte saved £18.45 of the money she got for her birthday and £11.53 she earned from babysitting her brother. How much money has she saved altogether ?

'Altogether' tells us that we need to add the amounts together.

You can use the column method to work out this sum.

So £18.45 + £ 11.53 = £29.98

You’ve worked out how much Charlotte saved altogether so you have answered the question.

Double check that you have added up the numbers correctly and the decimal points are in the correct position. Make sure you have used the pound sign.

A cake costs £2.10. How much do 5 cakes cost?

Read the question again and make sure you understand it.

Now highlight the important information:

A cake costs £2.10 . How much do 5 cakes cost ?

This question is asking you what 5 lots of £2.10 is, so the operation to choose is multiplication .

Turn the pounds into pence first so it’s easier to multiply.

£2.10 = 210p

Turn the pence back into pounds.

1050p = £10.50

Always check your working out!

You could also use visual images to help you solve this question through repeated addition.

Here are our 5 groups of £2.10 using a two-pound coin and a 10p coin.

Now add up all the two-pound coins and 10p coins to see how much there is altogether.

Both answers are the same. There's usually more than one way to solve a problem!

Using a pen and piece of paper and remembering the RUCSAC method, try to work out the following:

For her birthday, Amelia receives £5.00 from her grandfather and £10.00 from her aunt.

With the money, she decides to buy a book for £7.99 and then some chocolates on offer for £3.90.

Does she have any birthday money left, and if so, how much?

You may find it helpful to use some real or pretend money to help you find the answer to the question. Or you can make your own; draw around real coins or bottle caps onto paper or card.

Try this quiz to see how well you understand multiplying amounts.

There's more to learn ...

Estimating money

What is financial decision making?

How much have I spent?

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Calling All Second Grade Teachers 👩🏻‍🏫!

Check Out These 30 Money Word Problems

Perfect for grades 2-3!

Adventures in Math is a free educational program to help teach math skills and financial responsibility. Find interactive games, flashcards, lessons by grade level, family resources, and at-home activities for students in grades K-8.

Need a quick warm-up to begin the day or kickstart your math lesson? Try these daily money word problems written especially with second and third graders in mind.

Topics in these money word problems include adding combinations of coins and dollars, comparisons, making change, story problems, and more. (We did include 50-cent pieces, so make sure your students know they’re in the mix!)

Want this entire set in one easy document? You can download a free Google Slides Presentation or a PowerPoint by filling out the simple form. All you need to do is post one of the money word problems on your whiteboard or projector screen. Then let kids take it from there.

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1. Which has the same value as 10 pennies?

2. which has the same value as 100 pennies, 3. if you have 3 quarters and 1 nickel, how many cents do you have, 4. add the coins., 5. cole has 1 half-dollar, 3 dimes, 1 nickel, and 3 pennies. how much money does he have, 6. isla looked under the couch and found 1 dime, 3 nickels, and 17 pennies. how much did she find in all, 7. add the dollar and coins., 8. if you have 1 dollar bill, 2 quarters, 8 dimes, and 3 nickels, how much money do you have, 9. malcolm has 2 dollar bills, a half-dollar, 3 quarters, and 4 pennies. how much money does he have, 10. which is greater–2 quarters or 6 dimes, 11. which is less–5 dimes or 5 nickels, 12. which is greater–3 quarters and 2 dimes or 90 pennies, 13. which is less–2 dimes and 2 nickels or 1 quarter and 1 dime, 14. list all the ways you can think of to make 35¢ without using pennies., 15. list all the ways you can think of to make 45¢ without using pennies., 16. how can you make 70¢ using the least number of coins, 17. how can you make 98¢ using the least number of coins, 18. a pizza eraser costs 25¢. do you have enough to buy it, 19. miriam wants to buy a pop-it fidget toy for $3.99. does she have enough, 20. a candy bar costs 70¢. you pay with 3 quarters. what is your change, 21. how much more do you need to make $1, 22. a hamburger costs $2.99. you pay with a $5 bill. you get $3 dollar bills and a penny back. did you get the right amount of change, 23. lollipops cost 15¢ each. hazel has $1. how many lollipops can she buy, 24. how many squishy pigs can you buy with $2 if squishy pigs cost 79¢ each, 25. how much is 20¢, 25¢, and 39¢ all together, 26. myland has 37¢. teagan has 45¢. how much do they have together, 27. what is 15¢ less than 28¢, 28. norah has 68¢. kayden has 82¢. how much more does kayden have than norah, 29. if you make $5 every day walking dogs, how much will you have after 5 days, 30. joe has $20. he spent $4 on a hot dog, $3 on fries, and $2 on a drink. how much money does he have left over, you might also like.

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3rd Grade Counting Money Worksheets

Money worksheets.

Counting money and making change are practical applications of early math skills. These grade 3 money worksheets give kids practice in counting money (coins and notes), solving  money word problems and  making change .

Sample Grade 3 Counting Money Worksheet

More money worksheets

See all of our money worksheets , from recognizing coins to counting coins and shopping problems.

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Money Word Problems Worksheets

Here are our favorite money word problem worksheets to help you teach your students how to solve real-life financial problems.

As a teacher or homeschooler, you know how important word problems are to increasing student knowledge. They combine money math with reading comprehension, providing an ideal way for students to practice their money skills. Let’s dive right into the best money word problems worksheets! 

Money Word Problems For Elementary Students

These worksheets are ideal for introducing and reviewing money concepts with your little learners through word problems.

• Addition and Subtraction Money Word Problems: This worksheet sets up straightforward money math problems, requiring students to perform addition and subtraction to solve. ( 2 nd -5 th Grade)
• Multiplication and Division Money Word Problems: In this worksheet , students multiply and divide money-related problems. They learn how to approach realistic situations where they may spend money. ( 3 rd -5 th Grade)
• Mixed Operation Money Word Problems: This worksheet has students deciding which operations to use, planning solutions, and solving money problems.  ( 2 nd -5 th Grade)
• Addition and Subtraction With Extra Facts: Word problems often introduce unnecessary details to throw off students, and that is precisely what this worksheet does. ( 3 rd -5 th Grade)
• Multiplication and Division With Extra Facts: This worksheet has kids sift through a money-based scenario, deciding which numbers they need to multiply or divide – and which ones to avoid. ( 3 rd -5 th Grade)
• Money Word Problems: This worksheet has multiple operations in play, making students decide what to do with the numbers and figures while learning about real-life money situations. ( 4 th Grade)
• Making Change at the Toy Store: In this worksheet , students must determine how much change customers would receive at the toy shop. They use both addition and subtraction. ( 2 nd Grade)
• Money Math Word Problems: This worksheet puts kids’ decimal and multi-digit number knowledge to the test. They have to solve six problems about money management. ( 2 nd Grade)
• Money Word Problem: This worksheet lets students see different money scenarios and solve them using various operations, giving them realistic practice. ( 3 rd -5 th Grade)
• U.S. Money Word Problems Adding Two Items: Students complete addition using money situations in this worksheet . Teachers can customize and choose to add extra information to challenge students. ( 1 st -4 th Grade)
• Math Money Word Problems: This worksheet contains several word problems revolving around money and calculating cash scenarios. ( 3 rd Grade)
• Money Math Word Problems: This worksheet has kids solving one and two-step equations, using their comprehension skills and money math abilities to find the answers. ( 2 nd -3 rd Grade)
• Picnic Prices: This worksheet is fun for little ones, requiring them to buy food from ants at a picnic. They learn to decipher word problems and choose operations to solve. ( 2 nd -3 rd Grade)
• Money: Total Value & Word Problems: In these worksheets , students review coin and bill value and then apply that knowledge to solve word problems. ( K-3 rd Grade)
• Money Word Problems-Basic: This worksheet gives kids confidence in solving money math word problems, using addition and comparing values. ( 1 st -2 nd Grade)

Money Word Problems for Upper Elementary and Middle School Students

These word problem worksheets will challenge your students, showing them how all those advanced concepts they learn can apply to real life – and money.

• Area and Perimeter Worksheet Including Problem Solving and Money: This worksheet combines math with money, and kids need to solve practical geometry problems with money calculations. ( 3 rd -6 th Grade)
• Math Word Problem: Money: This straightforward worksheet provides a lengthy word problem for your students to solve step by step. ( 4 th -6 th Grade)
• Final Price, Change, and Cost: These worksheets require students to solve money word problems using division and multiplication of decimals and other more advanced operations. ( 5 th -8 th Grade)
• Money Word Problems: This set of worksheets provides kids a place to add, subtract, multiply, and divide decimals in real-life money situations. ( 4 th -6 th Grade)
• Algebra Word Problems With Money: If you include algebra in your instruction, you will appreciate this worksheet . It combines algebraic reasoning with money word problems to show students how it affects real life. ( 6 th -9 th Grade)
• Budgeting and Money Management: This worksheet presents word problems about crucial financial topics, including budgeting and money management. ( 6 th -8 th Grade )

Want more resources? Head to our money math for teachers center!

Tyger's Money Square Challenges

This challenge is useful for getting children to practice their mental addition of coins and developing their reasoning skills.

• Tyger's Money Square Challenge 4A
• Tyger's Money Square Challenge 4B
• Tyger's Money Square Challenge 4C

How Much Money Challenges

These challenges have many different answers - can you find all the possibilities?

• How Much Money Challenge 4A
• How Much Money Challenge 4B

Extension Activity Ideas

If you are looking for a way to extend learning with the How Much Money challenge, why not...

Try playing 'How Much Money' in pairs.

One person chooses 2 or 3 coins and the other person has to ask questions which involve 'yes' or 'no' answers.

To make the game more interesting, have a maximum of 5 questions before you make a guess!

Looking for something easier...?

Why not take a look at our 3rd grade money worksheets and challenges?

The challenges are similar to those on this page, but at an easier level.

• Counting Money Worksheets to $10 (2nd-Grade-Math-Salamanders.com)
• 3rd Grade Money Challenges

More Recommended Math Worksheets

Take a look at some more of our worksheets similar to these.

Money Worksheets (randomly generated)

Here you will find our random generator to create your very own money worksheets.

You can choose what value you wish go up to, and whether you want to add or subtract money amounts.

You can choose the number of questions you would like, as well as printing off answer sheets.

• Money Worksheets

Money Column Addition Worksheets

Here you will find a selection of Column Addition Money sheets designed to help your child add different amounts of money.

Using these sheets will help your child to:

• add up a range of money amounts involving decimals.
• Money Addition Worksheets ($)

This generator will create money addition worksheets set out in columns.

• Adding Money Worksheets (random)

Money Column Subtraction Worksheets

Here you will find a selection of Column Subtraction Money sheets designed to help your child subtract different amounts of money.

• subtract a range of money amounts involving decimals.
• Money Subtraction Worksheets ($)

This generator will create money subtraction worksheets set out in columns.

• Subtracting Money Worksheets (random)

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• Counting Money Games

Here is our collection of counting money games for kids.

All of these games are suitable for kids aged from 1st grade and upwards.

Playing games is a great way to practice math skills in a fun way. Games also help to develop reasoning, thinking and memory.

If you have enjoyed our page, or have any other ideas for Money Word Problems 4th Grade, please leave us some feedback below.

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Money Basics  - Financial Problem Solving Strategies

Money basics  -, financial problem solving strategies, money basics financial problem solving strategies.

Money Basics: Financial Problem Solving Strategies

Lesson 2: financial problem solving strategies.

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Financial problem-solving strategies

Have you ever experienced a financial problem? Do you feel like finances are holding you back from reaching your goals? This lesson will give a brief overview of the general problem-solving process and how to apply it to the most common financial problems.

The problem-solving process

First, let's take a look at a general problem-solving process that you can apply to any situation, not just a financial one.

• Identify the problem . The first step in solving a problem is to identify it. What exactly do you need to overcome?
• Make a plan. What are the steps you need to take in order to overcome the problem?
• Implement the plan . This step actually puts the plan you created in place. While it sounds fairly straightforward, this is usually the most difficult step.
• Evaluate the plan . Although this is listed last, this step might actually occur simultaneously with implementing the plan. Things happen and circumstances change, so you may need to re-evaluate your plan as it is happening.

Identifying the problem

The first step in the problem-solving process is to get to the root of the problem and understand what you need to overcome. Here is a list of the most common financial problems people may face:

• Lack of income/job loss
• Unexpected expenses
• Too much debt
• Need for financial independence
• Overspending or lack of budget
• Lack of savings

When thinking about these common problems, each one falls into one of three areas: You need more money, you need to reduce your debt, or you need to change how you spend.

Making a plan

After identifying the problem you need to overcome, it's time to make a plan. Not sure where to start? No worries! We have you covered with some tips and places to begin.

Problem 1: You need more money . Whether you've lost your job, met an unexpected expense, or are working on becoming more financially independent, a form of income is necessary.

If you are a looking for additional work or maybe just a better-paying job, take some time to update your resume and cover letter. Make sure they are neat, up to date with your most current information, and free of spelling and grammar errors.

Be wary of any advertisements or jobs that offer fast, easy money. A lot of quick-cash methods come with unintended consequences. More often than not, if something sounds too good to be true, it probably is.

Problem 2: You need to reduce your debt . With high interest rates or the need to live paycheck to paycheck, high debt can be debilitating. Sometimes it feels like climbing a neverending mountain with an invisible peak. However, by prioritizing and negotiating your debt, you can make it more manageable.

Try listing all of your debt and the interest rates associated with each. Focus on paying off the ones with the highest interest rates first. If you're having trouble making payments, call the loan company and see if it can offer any solutions for you. The company may be able to lower your interest rate or offer a temporary forbearance to help you get back on your feet. If you need more help tackling your debt, you may want to contact a professional debt counselor like Consolidated Credit.

Problem 3: You need to change how you spend . Going from financial problems to a healthy financial status often requires organization and a shift in thinking. Avoiding overspending, building your savings, and gaining financial independence can often be accomplished with good spending habits.

The first thing you may want to try is creating a budget. There are many templates and resources available to help you create one. Sticking to one can be challenging, but simply having a budget laid out can help you see where you need to start spending less.

In addition to your budget, create a savings plan. Start out small. Even stowing away an extra dollar or two here and there can make a big difference. Also, try placing your savings in a place you cannot easily access. For example, create a savings account at a bank you don't usually use. The more difficult it is to access your money, the less likely you are to spend it.

Implementing the plan

Although the explanation of this part is the simplest, this is often the most difficult part to actually execute. It requires self-discipline and perseverance. The most important part of this step is to know that if your plan doesn't work or if you have a difficult time sticking to it, all is not lost. If it happens, move on to the next step, evaluate your plan, then repeat the process.

Overcoming financial obstacles can require changing your lifestyle, and this does not happen overnight. However, just having a plan itself can help to give you confidence and reassurance that you can eventually overcome whatever is in your way.

Evaluating your plan

As you implement your plan, you'll need to continually evaluate it. Maybe something happens and your original plan needs to change. Perhaps you've learned more along the way and realize that your original plan was incomplete. Or maybe your first plan went as planned and was a success. No matter the circumstances, it is always a good idea to look back and re-evaluate. Try answering these questions:

• Was your problem solved? Did a new problem arise?
• What went right?
• What went wrong?
• What circumstances changed?
• Was there anything you didn't account for?
• What was easy about implementing your plan?
• What was difficult about implementing your plan?

Financial obstacles can often seem debilitating and impossible to overcome. They often create a significant source of financial anxiety . We hope this lesson will help give you the confidence to take on your problem one step at a time so you can conquer your anxiety and move forward.

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Money problem solving

Dawnett Minzie-Allen

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