Oklahoma Social Studies K.C.4.6
The Standard
- K.C.4
- Identify basic economic concepts.
Identify ways that people use their money, including spending and saving.
Oklahoma Academic Standards for Social Studies (2026) · K.C.4
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students tell when someone uses money to buy something and when someone keeps it for later. They sort simple examples into spending or saving.
What Mastery Looks Like
- A student can point to a shopper paying for bread and say the money is spent. They can point to money put in a jar for a future toy and say it is saved.
Common Misconceptions
- Some students think money put in a jar is gone. Others think saved money can never be spent.
How to Assess It
- Ask: “Mia buys a sticker with one dollar. Did she spend or save it? Mia puts another dollar in a jar for later. Did she spend or save it?”
Lesson moves
Ways to Teach It
Set up a pretend store with paper dollars; have children buy one item, then put another dollar in a savings jar.
Ask, “Would you buy a sticker today or save your dollar for a book later?” Have partners explain their choices.
Give pairs picture cards showing purchases and savings jars; have them sort the cards into two piles.
Show a grocery receipt and a savings jar; ask where money was spent and where it was kept for later.
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Printable K.C.4.6 Worksheet

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Related Standards
- 1.C.4.6
Explain the costs and benefits of spending and saving in order to meet one’s needs and wants.
- E.C.5.3
Identify the characteristics (e.g., divisibility, durability, acceptability, scarcity, portability) and functions (e.g., store of value, unit of account, and me...
- 2.C.4.7
Identify and describe financial institutions in the community, such as banks, as businesses that provide services to help people manage and save their earnings.
- E.C.5.2
Explain how individuals, businesses, and the overall economy benefits from the various uses of money (e.g., trading, borrowing, investing, and diversifying) ver...
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