Max and Ruby save birthday money to buy presents for their grandmother. However, they spend so much money on emergencies along the way they barely have enough left for gifts.
Interested in using this resource in your classroom? Check out the posters that go along with this book: Scarcity, Trade & Money, Economic Wants.
Author: Rosemary Wells
Accelerated Reader Level/Points: .5
Lexile Measure: 540L
Publisher: Viking Childrens, Puffin
Explain how Max and Ruby could get a birthday present for grandma.
They could save their money.
List all the ways Max and Ruby spent their money.
Bus fare, oozing cheery vampire teeth, soap, washer, dryer, peanut butter and jelly sandwich, coconut cupcakes, banana shake, bluebird earrings, glow-in-the-dark vampire teeth, telephone call.
Give examples of goods and services.
Goods – music box, vampire teeth, sandwich, cupcakes, shake, earrings;
Services – riding the bus, using the laundromat.
Explain Ruby’s comment, “Money is running through our fingers, Max.”
They were spending all their money too quickly.
Explain why they could not buy the music box.
The music box cost $100; they only had $5 left.
Explain how Max and Ruby could have had more money to spend on the gift.
They could have saved their money instead of spending it on all the other goods.
Identify all the different units of money they saved and spent.
One-dollar bill, five-dollar bill, quarter.