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Money


Objectives

To recognise all coins.

To use coins to make amounts and to combine amounts to make a given value.

Resources

Coins of different values, depending on the currency where you live; ideally: a £1 coin, 100 pennies, and ten 10ps | For the introduction: 1p, 2p, 5p, 10p, 20p, 50p and £1 coins (or equivalents) | whiteboard or plain paper

Vocabulary

coin | value | pound | pence | penny | pennies


Today's Lesson

What to Get Ready

06 no hat.jpgThe following lessons are based on British currency. You may wish to teach your student about your local currency alongside these lessons. Please note, however, that the assignments will assess their understanding of money using British pence (p). 

It is always preferable for students to learn using real coins. However, if you do not have access to British coins print out the 📄 British Coins document which you can find in the General Resources. You can then cut out pictures of the coins you need.

Introduction

Show your student 1p, 2p, 5p, 10p, 20p, 50p and £1 coins.

Ask, ‘If someone gave you just one of these coins, which one would you rather have? Why?’

If your student says the £1 coin, say, ‘But why not this coin (pointing to 50p coin), it looks bigger and has a bigger number on it?’

Draw out in discussion that the numbers on the coins tell us how much they are worth but that the ‘one’ on the pound coin refers to one pound, not one penny (show a penny as well).

Ask, ‘How many pennies is a one pound coin worth?’ Be ready to show this with coins.

Ask, ‘How many 10p coins are worth the same as a one pound coin? How do you know?’ Relate this to counting in tens on the 100-square if your student did this in Year One.

Lay out ten 10p coins in a line. Place your finger underneath each one in turn counting in 10ps until you reach 100p. Say, ‘This is the same as £1.’

Show two coins, for example, 10p and 2p. Ask your student to write the total amount of money, then ask them how they found the total. This is a really important time to discuss the strategies they are using.

They may respond with, for example, ‘I counted on from 10p; I know that 10 + 2 = 12.’

Repeat the process with the following pairs of coins:

20p and 5p

50p and 1p

5p and 2p.

Remind your student how to count on 20 (in tens not ones) when adding 50p and 20p, for example.

Main Activity

8c.pngGive your student the following coins: 50p, 20p, 10p, 5p, 2p and 1p.

Ask them to investigate which amounts between 20p to 30p can be made with only two coins.

To start this investigation, they should write a list of the amounts from 20p to 30p and then record the pair of coins at the side of each, where possible.

For example:

20p + 5p = 25p

They can use whiteboard or plain paper for this activity.

Ask your student:

  • Have they made all possible amounts?
  • How can they be sure they have found all amounts?
  • Which amounts are missing? Why?

Extra Challenge

Show your student the 📄 Money to 20p worksheet. 

Can they match the amounts inside each purse to the correct item?