16 Hacks for Teaching Kids to Solve Problems Involving Money
Are you looking for hacks for teaching kids to solve math problems involving money? If so, keep reading.
1. Make sure the learner knows all the processes appropriate to solve problems involving the use of money (e.g., the learner can solve math problems of the same difficulty as those involving money).
2. Do not require the learner to learn more information than they are capable of learning at any time.
3. Teach the learner why they are learning the concept of money. Give the learner concrete examples and chances for them to apply the concept in real-life situations.
4. Teach the learner to recognize common denominations of paper money (e.g., one-dollar bill, five-dollar bill, ten-dollar bill, twenty-dollar bill, etc.).
5. Make sure the learner knows all math operations involved in using money (e.g., addition, subtraction, multiplication, division, decimals, etc.).
6. Give practice solving money problems using an app or a hand-held educational device that gives instant feedback to the learner.
7. Daily, examine those skills, ideas, tasks, etc., that have been previously introduced.
8. Give the learner math word problems involving the use of money. Make sure an appropriate operation is clearly stated.
9. Minimize the emphasis on competition. Competitive learning activities may cause the learner to hurry and make mistakes solving problems involving money.
10. Give the learner a daily shopping list of things and a corresponding list of the cost of each item. Get the learner to determine the total cost of their ”purchase.”
11. Praise the learner for correctly solving problems involving money: (a) give the learner a concrete reward (e.g., privileges such as leading the line, handing out learning materials, 10 minutes of free time, etc.) or (b) give the learner an informal reward (e.g., praise, handshake, smile, etc.).
12. Utilize real coins when teaching the learner coin recognition and values (e.g., count by ones, fives, tens, etc.; matching combinations of coins; etc.).
13. Give real-life situations for the learner to practice using money (e.g., paying for lunch in the cafeteria line, making purchases from book order clubs, purchasing a soft drink, etc.).
14. Consider using Alexa for the Math Classroom.
15. Try gamifying your math lessons.
16. Consider using one of the apps and tools from our many math app lists: