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.

Main Page

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

Tower of Hanoi

Tower of Hanoi

Move the pieces of the tower from one place to another in the minimum number of moves. This puzzle was invented in 1883 but is still as captivating today as it was all those years ago.

 

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 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 3 October 'Starter of the Day' page by Fiona Bray, Cams Hill School:

"This is an excellent website. We all often use the starters as the pupils come in the door and get settled as we take the register."

Comment recorded on the 14 October 'Starter of the Day' page by Inger Kisby, Herts and Essex High School:

"Just a quick note to say that we use a lot of your starters. It is lovely to have so many different ideas to start a lesson with. Thank you very much and keep up the good work."

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 21 October 'Starter of the Day' page by Mr Trainor And His P7 Class(All Girls), Mercy Primary School, Belfast:

"My Primary 7 class in Mercy Primary school, Belfast, look forward to your mental maths starters every morning. The variety of material is interesting and exciting and always engages the teacher and pupils. Keep them coming please."

Comment recorded on the 1 August 'Starter of the Day' page by Peter Wright, St Joseph's College:

"Love using the Starter of the Day activities to get the students into Maths mode at the beginning of a lesson. Lots of interesting discussions and questions have arisen out of the activities.
Thanks for such a great resource!"

Comment recorded on the 19 June 'Starter of the Day' page by Nikki Jordan, Braunton School, Devon:

"Excellent. Thank you very much for a fabulous set of starters. I use the 'weekenders' if the daily ones are not quite what I want. Brilliant and much appreciated."

Comment recorded on the 12 July 'Starter of the Day' page by Miss J Key, Farlingaye High School, Suffolk:

"Thanks very much for this one. We developed it into a whole lesson and I borrowed some hats from the drama department to add to the fun!"

Comment recorded on the 9 April 'Starter of the Day' page by Jan, South Canterbury:

"Thank you for sharing such a great resource. I was about to try and get together a bank of starters but time is always required elsewhere, so thank you."

Comment recorded on the 25 June 'Starter of the Day' page by Inger.kisby@herts and essex.herts.sch.uk, :

"We all love your starters. It is so good to have such a collection. We use them for all age groups and abilities. Have particularly enjoyed KIM's game, as we have not used that for Mathematics before. Keep up the good work and thank you very much
Best wishes from Inger Kisby"

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

The activity you are looking for may have been classified in a different way from the way you were expecting. You can search the whole of Transum Maths by using the box below.

 

 

 

 

Other

Is there anything you would have a regular use for that we don't feature here? Please let us know.

Recently Updated

Fractions by Wholes

Fractions by Wholes

An exercise on multiplying and dividing proper fractions and mixed numbers by whole numbers. So far this activity has been accessed 26 times and 3 people have earned a Transum Trophy for completing it.

 

Homepage

Have today's Starter of the Day as your default homepage. Copy the URL below then select
Tools > Internet Options (Internet Explorer) then paste the URL into the homepage field.

Set as your homepage (if you are using Internet Explorer)

 

Do you have any comments? It is always useful to receive feedback and helps make this free resource even more useful for those learning Mathematics anywhere in the world. Click here to enter your comments.

Starter Menu in English | French | Spanish |

Apple

©1997-2018 WWW.TRANSUM.ORG