What’s the value of Canadian coins? Counting money allows kids to count by 1s, 5s, 10s, 25s which is the Manitoba curriculum. If you count dollars and cents, kids are practicing decimal numbers that we see in Grade 5. Correction: It's the caribou on the quarter, not the moose!
Show me $2.35. This practices decimal numbers, knowing the values of coins, coin counting and adding.
50 cents plus 25 cents plus 25 cents equals $1.00.
Since we live in a digital world, kids don't get enough chances to count money. When they can move coins around and count, then they really learn about amounts which helps them in school and later in life!
How much are 4 beach towels?
This question has multiplication, addition, money and problem solving. You could add another layer by calculating tax too.
Watch the gas amount going up and what do the numbers mean?
Playing Payday and counting money is so much fun! 500 plus 500 is 1 000. If we say 10 hundred, it makes sense for kids as 5 plus 5 makes 10. If we connect something new to something they already know, learning is easier.
Exchanging money shows kids that money can be represented in different ways. Playing games like Payday, helps kids build confidence in math especially when they learn the concepts before they learn them in school.
Practice with reading, writing and calculating prices of items helps kids prepare for decimal numbers in school. Teaching how to punch in prices in a calculator helps kids understand where decimals go and leads towards conversations of dollars and cents.
Interest from a child’s perspective. This talk is helps kids understand credit cards and interest for later in life. The sooner they know this, the better. We talk about our budget openly with our kids and make decisions as a family such as if we eat at a restaurant today, then we won't buy ribs and steak at the grocery store this week.
The budget was $20 for a friend's birthday present. It was up to Xavier to see if the price including tax was about $20. In Manitoba, Canada tax was 13% when this video was taken. Now it is 12%. The concept is the same. Calculate 10% first and then add 1% two times.