Subtracting money helps you:

• Keep track of how much you spend.
• Know how much you have left after a purchase.
• Budget your money wisely.

Let’s look at some examples to understand how subtraction works with money.

Example 1: Small Purchase

Problem: You have 25∗∗.Youspend∗∗25∗∗.Youspend∗∗7 on snacks. How much money do you have left?

Calculation:
25(startingamount)–25(startingamount)–7 (spent) = $18

Answer: You have $18.00 left.

Example 2: Buying a Toy

Problem: You have 50∗∗.Youbuyatoyfor∗∗50∗∗.Youbuyatoyfor∗∗23. How much is left?

Calculation:
50–50–23 = $27

Answer: You have $27.00 left.

Example 3: Larger Purchase

Problem: You have 100∗∗.Youspend∗∗100∗∗.Youspend∗∗47 on clothes. How much do you have left?

Calculation:
100–100–47 = $53

Answer: You have $53.00 left.

Mixed Addition and Subtraction with Money

Learning to combine addition and subtraction helps you:

• Track your money when you earn and spend.
• Budget effectively by knowing how much you have at any time.
• Make smart spending decisions.

Let’s break down an example step by step.

Example Problem

Scenario:

• You start with $10.
• You find $5 on the ground.
• You buy a book for $8.
  Question: How much money do you have now?

Step-by-Step Calculation

1. Add the money you found to your original amount.
   • You had: $10
   • You found: +$5
   • Calculation: 10+10+5 = $15
2. Subtract the cost of the book.
   • Now you have: $15
   • You spend: –$8
   • Calculation: 15–15–8 = $7

Final Answer: You now have $7.00 left.