Making change

Key Notes :

1. Understanding Money: Explain what money is, its purpose, and the different types of coins and bills. Discuss their values and how they represent different amounts.
2. Value of Coins and Bills: Teach children to recognize and differentiate between various coins and bills, their worth, and how they can be combined to represent different values.
3. Making Purchases: Explain how people buy things and receive change when the cost of an item is less than the amount paid. Illustrate simple transactions and how to calculate change.
4. Counting Money: Teach basic addition and subtraction skills using money. Help students practice counting money, adding up totals, and figuring out the change required.
5. Practical Application: Engage students in practical exercises, such as setting up a pretend store, allowing them to “buy” items and receive change. Role-play scenarios where they act as both the shopkeeper and the customer.
6. Problem-Solving: Provide simple scenarios where students have to figure out how much change they should get or how much more money they need to make a purchase.
7. Real-Life Examples: Share examples of how making change is used in daily life, such as buying groceries, toys, or school supplies.

Learn with an example

Let’s practice!🖊️