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

Triangle Solver

Triangle Solver

This simple calculator will work out the lengths of the sides and the size of the angles of any triangle given thee particular pieces of information.

 

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 5 April 'Starter of the Day' page by Mr Stoner, St George's College of Technology:

"This resource has made a great deal of difference to the standard of starters for all of our lessons. Thank you for being so creative and imaginative."

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 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 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 19 November 'Starter of the Day' page by Lesley Sewell, Ysgol Aberconwy, Wales:

"A Maths colleague introduced me to your web site and I love to use it. The questions are so varied I can use them with all of my classes, I even let year 13 have a go at some of them. I like being able to access the whole month so I can use favourites with classes I see at different times of the week. Thanks."

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 10 April 'Starter of the Day' page by Mike Sendrove, Salt Grammar School, UK.:

"A really useful set of resources - thanks. Is the collection available on CD? Are solutions available?"

Comment recorded on the 28 September 'Starter of the Day' page by Malcolm P, Dorset:

"A set of real life savers!!
Keep it up and thank you!"

Comment recorded on the 19 October 'Starter of the Day' page by E Pollard, Huddersfield:

"I used this with my bottom set in year 9. To engage them I used their name and favorite football team (or pop group) instead of the school name. For homework, I asked each student to find a definition for the key words they had been given (once they had fun trying to guess the answer) and they presented their findings to the rest of the class the following day. They felt really special because the key words came from their own personal information."

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."

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:

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Recently Updated

Circle Theorems Exercise

Circle Theorems Exercise

Show that you understand and can apply the circle theorems with this self marking exercise. So far this activity has been accessed 6868 times and 558 people have earned a Transum Trophy for completing it.

 

Homepage

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

 

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