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Income and expenses

Social Studies

Income and expenses

An AR classroom game for Grade 3. Learners can aim with their hands at the camera or play by tapping the screen.

This set has 6 questions in an interactive multiple choice activity.

Curriculum indicatorส 3.1 ป.3/1

A look before you play

Sample questions

A few real prompts from the game to help you choose an activity for your class.

  1. What is income?

    • Money coming in
    • Money going out
    • Money put aside
    Read the explanation

    Income is money coming in - wages, or what you get from selling something.

  2. What is expenditure?

    • Money in the bank
    • Money going out
    • Money received
    Read the explanation

    Expenditure is money paid out for goods or services.

  3. What happens when income is greater than expenditure?

    • You must borrow more money
    • Your money runs out faster
    • You have money left to save
    Read the explanation

    There is money left to save, which is a sound position to be in.

Before you play

Game teaching guide

What children will practise

Practises what income and expenses mean, what happens when income is more or less than spending, why keeping accounts helps, and the Sufficiency Economy principles of moderation, reasonableness and resilience. Fits indicator ส 3.1 ป.3/1.

What's in the worksheet

6 questions, multiple choice with 3 options - What is income? (money coming in) - What happens if spending is more than income? (not enough money, possibly debt) - Why keep an income and expense record? (to see where money goes and plan) - What does the Sufficiency Economy philosophy teach? (moderation, reasonableness, resilience)

How to use it in class

Pair it with children keeping their own pocket-money record for a week; the game takes about 6 minutes, solo. For income and expenses, have children give examples from their own lives. For Sufficiency Economy, draw the three rings on the board and let children add examples. For a question many miss, work it through with real pocket-money figures. Play it linked to the class and the scores go into the gradebook.

Common sticking points

- Income and expenses are the most common swap as the Thai words look alike. Hook: rap means received in, chai means paid out. - Sufficiency Economy: the distractor "save as much as possible and spend nothing" sounds like sufficiency, so children pick it. Point out sufficiency does not mean never spending. - Income more than spending: some pick "money runs out faster" from reading the question backwards.