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

Pentransum

Pentransum

Answer multiple choice questions about basic mathematical ideas. If you get a number of questions correct you will be invited to post a question of your own. The bank of questions grows larger every day.

 

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 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."

Comment recorded on the 24 May 'Starter of the Day' page by Ruth Seward, Hagley Park Sports College:

"Find the starters wonderful; students enjoy them and often want to use the idea generated by the starter in other parts of the lesson. Keep up the good work"

Comment recorded on the 3 October 'Starter of the Day' page by S Mirza, Park High School, Colne:

"Very good starters, help pupils settle very well in maths classroom."

Comment recorded on the 8 May 'Starter of the Day' page by Mr Smith, West Sussex, UK:

"I am an NQT and have only just discovered this website. I nearly wet my pants with joy.
To the creator of this website and all of those teachers who have contributed to it, I would like to say a big 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 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 May 'Starter of the Day' page by Phil Anthony, Head of Maths, Stourport High School:

"What a brilliant website. We have just started to use the 'starter-of-the-day' in our yr9 lessons to try them out before we change from a high school to a secondary school in September. This is one of the best resources on-line we have found. The kids and staff love it. Well done an thank you very much for making my maths lessons more interesting and fun."

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 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."

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.

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

Rough Answers

Rough Answers

An exercise on rounding values in a calculation to find an approximate estimate of the answer. So far this activity has been accessed 29 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)

 

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