Money

Activities

Coins and Notes
Activity
Sharpen your money management skills by accurately calculating sums and working out change.

Sorting Units
Activity
Order the ten containers according to their value (money, length and weight)

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

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

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

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

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

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

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

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

Overdraft Charges
Activity
Do you understand how your bank charges you for taking out an overdraft? Try this self marking quiz.

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

Amortisation and Annuities
Activity
Exercises containing problems about gradually paying off loans and calculating pension plans.

Investigations

lnvestigating stamps
Activity
How many different postage amounts can you make with the given stamps?

Aunt Sophie's Post Office
Activity
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?
Activity
An investigation about making change for different amounts.

Aunt Lucy's Legacy
Activity
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.

Videos

This is the main Transum help video on Money.

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

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

Interest Video
Activity
Learn about simple interest, compound interest, appreciation and depreciation. This video is to help you do the online, self-marking exercise.

4.3 Billion Dollars
Activity
Short Futurama clip: Fry's reaction to becoming a billionaire!

Visual Aids

Currency Converter
Activity
This is a minimalist currency conversion tool designed for quick results using only the major world currencies.

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

Starters

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

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

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

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

Starter
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?

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

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

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

Starter
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.

Starter
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.

31 items are currently in this category.

Teachers might find the complete Money Topic List useful.

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.


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