Transum Maths Software

Money

There are 366 different Starters of The Day, many to choose from. You will find in the left column below some starters on the topic of Money. In the right column below are links to related online activities, videos and teacher resources.

A lesson starter does not have to be on the same topic as the main part of the lesson or the topic of the previous lesson. It is often very useful to revise or explore other concepts by using a starter based on a totally different area of Mathematics.

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Money Starters:

Aunt Sophie's Post Office: Work out the number of stamps needed to post a parcel.

Aunty Dotty: A real life situation requiring the division an amount of money according to a given ratio.

Guitar For Sale: A question about the profit made when buying and selling a guitar.

Hotel Sumview: Can you work out what rooms at the hotel the family booked to produce the given bill?

Light Shopping: A lamp and a bulb together cost 32 pounds. The lamp costs 30 pounds more than the bulb. How much does the bulb cost?

Missing Pound: A puzzle about a restaurant bill. Exactly where did the missing pound go?

Refreshing Revision: It is called Refreshing Revision because every time you refresh the page you get different revision questions.

Shopping List: A quick quiz about five items on a shopping list written 40 years ago.

Sid's Schemes: Work out which is the best scheme for Sid to choose for his summer bonus. One scheme involves a common misconception about percentages.

Student Loans: Six students borrow £5000 to help pay for their university course. Calculate how much each student will have to pay back to the lender.

 

Small images of these Starters | | |  Complete Index of Starters

Featured Activity

Lemon Law

Lemon Law

A fascinating digit changing challenge. Change the numbers on the apples so that the number on the lemon is the given total. Can you figure out, by understanding place value, how this works?

 

Curriculum for Money:

Years 7 to 9

Pupils should be taught to solve problems involving percentage change, including: percentage increase, decrease and original value problems and simple interest in financial mathematics more...

Years 10 and 11

Pupils should be taught to set up, solve and interpret the answers in growth and decay problems, including compound interest {and work with general iterative processes} more...

Feedback:

Comment recorded on the 10 September 'Starter of the Day' page by Carol, Sheffield PArk Academy:

"3 NQTs in the department, I'm new subject leader in this new academy - Starters R Great!! Lovely resource for stimulating learning and getting eveyone off to a good start. Thank you!!"

Comment recorded on the 7 December 'Starter of the Day' page by Cathryn Aldridge, Pells Primary:

"I use Starter of the Day as a registration and warm-up activity for my Year 6 class. The range of questioning provided is excellent as are some of the images.
I rate this site as a 5!"

Comment recorded on the 16 March 'Starter of the Day' page by Mrs A Milton, Ysgol Ardudwy:

"I have used your starters for 3 years now and would not have a lesson without one! Fantastic way to engage the pupils at the start of a lesson."

Comment recorded on the 17 June 'Starter of the Day' page by Mr Hall, Light Hall School, Solihull:

"Dear Transum,

I love you website I use it every maths lesson I have with every year group! I don't know were I would turn to with out you!"

Comment recorded on the 14 September 'Starter of the Day' page by Trish Bailey, Kingstone School:

"This is a great memory aid which could be used for formulae or key facts etc - in any subject area. The PICTURE is such an aid to remembering where each number or group of numbers is - my pupils love it!
Thanks"

Comment recorded on the 17 November 'Starter of the Day' page by Amy Thay, Coventry:

"Thank you so much for your wonderful site. I have so much material to use in class and inspire me to try something a little different more often. I am going to show my maths department your website and encourage them to use it too. How lovely that you have compiled such a great resource to help teachers and pupils.
Thanks again"

Comment recorded on the 28 May 'Starter of the Day' page by L Smith, Colwyn Bay:

"An absolutely brilliant resource. Only recently been discovered but is used daily with all my classes. It is particularly useful when things can be saved for further use. Thank you!"

Comment recorded on the 1 February 'Starter of the Day' page by Terry Shaw, Beaulieu Convent School:

"Really good site. Lots of good ideas for starters. Use it most of the time in KS3."

Comment recorded on the 1 February 'Starter of the Day' page by M Chant, Chase Lane School Harwich:

"My year five children look forward to their daily challenge and enjoy the problems as much as I do. A great resource - thanks a million."

Comment recorded on the 6 May 'Starter of the Day' page by Natalie, London:

"I am thankful for providing such wonderful starters. They are of immence help and the students enjoy them very much. These starters have saved my time and have made my lessons enjoyable."

Notes:

For many pupils the ability to understand financial transactions is a skill they thank their mathematics teacher for. Understanding the use of money is a real, practical application of mathematics in the real world and is just as important today as ever it was.

When it comes to managing our money and avoiding costly mistakes it is well worthwhile to strive to become an expert. There are key aspects of personal finance the pupils should understand as the get older and more independent in their lives and the activities provided here provide resources for a small part of their learning process.

Money Teacher Resources:

Compound Interest Calculator: A customised online calculator for quickly finding the solutions to compound interest problems.

Money Activities:

Currency Conversion: Test your ability to convert from one currency to another with this self marking quiz.

Flowchart Bills: Calculate bill totals by following the instructions given in the form of a flow chart.

Interest: Practise using the formulas for simple interest and compound interest.

Mathopoly: A game of buying and selling property with maths questions thrown in for good measure.

Money Maths: Test your skills and understanding with this online exercise about Money Maths and Personal Finance.

Stamp Sticking: Drag stamps onto the envelopes to make the exact postage as shown at the top left of each envelope.

Take Baht: How many different ways can you make a given total with Thai coins?

Thai Restaurant: Calculate the restaurant bills for each of the tables in the Thai Restaurant.

Unit Pricing: Calculate the unit cost of items to earn jigsaw pieces that make a joke.

Finally there is Topic Test, a set of 10 randomly chosen, multiple choice questions suggested by people from around the world.

Alternatively, for the more advanced student, there is an ever-growing collection of Exam-Style Questions with worked solutions on the topic of Finance.

Money Investigations:

Aunt Lucy's Legacy: Decide which of the four schemes Aunt Lucy proposes will provide the most money. This investigation involves the sum of sequences as well as considering life expectancy.

Aunt Sophie's Post Office: Investigate the ways of making up various postage amounts using 3p and 8p stamps. An online stamp calculator is provided for you to check your working.

Have you got change?: An investigation about making change for different amounts.

lnvestigating stamps: How many different letters can you send with the given stamps.

Money Videos:

Simple vs Compound Interest: This video portrays a visual of how to explain the difference between simple interest and compound interest in a very practical way.

The Invention of Money: An excerpt from the animated film American Dream

Money External Links:

Links to other websites containing resources for Money are provided for those logged into 'Transum Mathematics'. Subscribing also opens up the opportunity for you to add your own links to this panel. You can sign up using one of the buttons below:

Search

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Recently Updated

Trick Or Treat

Trick Or Treat

A mathematical true or false general knowledge activity for Halloween. So far this activity has been accessed 8362 times and 198 people have earned a Transum Trophy for completing it.

 

Homepage

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