Nancy Itzel May 1, 2020 Money Worksheets
One way to teach them about money is to make a game out of it. Have some change available and let them win the change when asked a question. Make each question a different value. An example would be question number 1 would be worth 3 cents. Lay the money out for them to choose the three cents and if they do it correctly the first time they get to keep the money. Have some prizes at the end of the game so that they can purchase items again counting back the money to you to make that purchase. This will teach them how to count with out them realizing they are learning. To them it is just a game but they will learn how to count money.
A variance to counting money game would be to start them out with their own money pot, then if they get the answer wrong, they have to give back money to you. Each question would either add to their pot or deduct. At the end of the game you will still want to have the prizes available for purchase and allowing them to earn their prizes. Using games to learn about money is much easier than getting free money worksheets and having them try to add on paper. This interactive money game will be a great learning tool in your home school.
Once kids are able to multiply then they can use these skills to divide numbers. Hence it also helps kids to learn division, indirectly. So all four math operations are made easy with this skill. There is another very important elementary math topic named counting money. Counting nickels is skipping the numbers by 5's, similarly it can help kids to add dimes, quarters and fifty cent coins, easily. Many times, teacher or parents use the coins to introduce skip counting to kids. This is a good idea, but the counting coins is the later skill to be learned after skip counting.
Once my son started working a real job and had taxable income, I made him a deal that if he started an IRA with $500 and $50/month, I would match for the first year. After a couple education sessions, he jumped on it! It's a great way to jump-start their retirement savings AND further teach the greatest wonder of the personal finance world: compound interest.
Card games usually need math skills. Children will really enjoy playing cards without realizing that they are already practicing the concepts of fraction. First, you should mix up a deck of playing cards which are numbered only. Divide the group in two teams. Ask kids to choose one card each. There need to be a student who will act as a denominator and a numerator. Whichever student simplifies the fraction first contends against the player next in line. The game ends when only one student is left.
Math games teach vital principles to children by exploring things through fun. Most children find math subject frustrating and tiring. However, you as a parent or teacher, can take away their frustration and tiresome by introducing math games to them. We have math games for kids that will surely develop their learning habits. Here are some common examples.
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