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5.PF.10

Food Truck Finance

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Game Info for Teachers

COMBINED RATING

4.0 Stars

TEACHERS (8)

3.6

STUDENTS (1426)

4.4

LENGTH

23 Minutes

GRADES

3
4
5

CAPABILITIES

iPad Support
ES
Spanish Language Support
Text-to-Speech Support
Saves Progress

Description

As the owner of a newly purchased food truck, you'll manage serving customers and balancing your finances. With a goal of earning a profit and paying back your loan, face the challenges of a new business.

Vocabulary Words

loan
taxes
payroll tax
income tax
sales tax
property tax
earnings
tips
salaries
employees
employers
income
fixed expenses
gross pay
profit
bank deposit
interest
assets

Instructions

Play through this interactive game to learn about 5th Grade Personal Financial Literacy. Suitable for Grade 3, Grade 4, Grade 5.

Main Concepts

Balance a simple budget.
Describe actions that might be taken to balance a budget when expenses exceed income.
Develop a system for keeping and using financial records.
Explain the difference between gross income and net income.
Define income tax, payroll tax, sales tax, and property tax.

Discussion Questions

Before the Game

What are some things you would do if you wanted to start a business? What are some goals you would have as a business owner? What is a tax?

After the Game

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Game Details

Difficulty

Content Integration

Lexile Level

705

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