This document provides parents with notes on an activity for their child to learn money concepts like addition and multiplication by having them calculate potential earnings and savings from hypothetical odd jobs over different time periods like a year. It suggests having the child write down their calculations and results and discusses talking to them about related topics like the number of weeks in a year, importance of saving money, and being helpful at home without expectation of payment.
This document provides parents with notes on an activity for their child to learn money concepts like addition and multiplication by having them calculate potential earnings and savings from hypothetical odd jobs over different time periods like a year. It suggests having the child write down their calculations and results and discusses talking to them about related topics like the number of weeks in a year, importance of saving money, and being helpful at home without expectation of payment.
This document provides parents with notes on an activity for their child to learn money concepts like addition and multiplication by having them calculate potential earnings and savings from hypothetical odd jobs over different time periods like a year. It suggests having the child write down their calculations and results and discusses talking to them about related topics like the number of weeks in a year, importance of saving money, and being helpful at home without expectation of payment.
• learn to use addition and multiplication to solve problems that involve money
Think about this:
• They’ll need to write down their results. • T alk with them about the fact that there are 52 weeks in a year and 26 fortnights. • If your child earns pocket money, have them write down how much they would earn in one year. If they saved half of this, have them write down what their savings would be. • aybe they don’t earn pocket money but this has given them some M ideas. They also need to realise that it is important to be helpful at home without expecting to be paid. • E ncourage them to talk with you, or with someone in your family about what they are doing (rather than with a classmate).
Page 1 of 2 https://nzmaths.co.nz/year-5-tasks Financial Literacy: Saving for a Holiday, Level 3