Oklahoma Social Studies 1.C.4.7

Social Studies1st GradeContent Standards

The Standard

Describe how setting goals and creating a budget help people obtain their needs and wants.

Oklahoma Academic Standards for Social Studies (2026) · 1.C.4

Teacher's field guide

What Students Need to Do: Students tell the difference between something they need and something they want. They plan how to spend a set number of coins and set some aside for a later purchase.
What Mastery Looks Like: A student can pay for food, save coins for a goal, and leave out a toy that costs too much. They can explain why the toy has to wait.
Common Misconceptions: Students may call a toy a need because they really want it. They may think they can save coins and still spend those same coins today.
How to Assess It: Give students 10 paper coins. Say, 'Lunch costs 6, you want to save 2 for mittens, and a toy costs 3. Show what you will do with your coins and tell me why.'

Lesson moves

Give pairs 10 counters and price cards for lunch at 6, mittens savings at 2, and a toy at 3; have them make a plan.
Ask, 'You get one coin each week and want a four-coin ball. What will you do with each coin until you can buy it?'
Play a shop game with eight paper coins and price cards for bread at 4, socks at 3, and stickers at 2.
Show a grocery receipt listing bread and cookies; ask which students would buy first if money were short, and why.

Free download

A ready-to-print activity worksheet aligned to 1.C.4.7, with an answer key for the teacher on its own page. No account needed.

PDF, US Letter, prints cleanly in black and white.

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