Case of the Shrunken Allowance, The
by Joanne Rocklin ; illustrated by Cornelius Van Wright and Ying-Hwa Hu ; math activities by Marilyn Burns.; Scholastic 1998
P.B. and his friends try to figure out why the money he is saving from his allowance seems to be shrinking, even though he is not spending it. They find that his sister is using the jar of money to make change, and replacing it with paper money.
Economic Concepts
- Income
- Spending
- Saving
- Opportunity Costs
Grade Levels
- Primary (K-3)
- Intermediate (4-6)
Related Subjects
- Math
- Personal Finance


Description of Lesson 4, The Case of the Shrunken Allowance
from Personal Finance and Children’s Literature:
Students act out the story of The Case of the Shrunken Allowance, using real money in a savings jar, and experiencing the concepts of income, goods, services, and spending, saving, and opportunity cost.
Related Subjects