What money have I got?
Lesson details
Learning outcome
I know the value of different coins and notes.
Key learning points
- There are 1 p coins, 2 p coins, 5 p coins, 10 p coins, 50 p coins, £1 coins and £2 coins and £5, £10 and £20 notes.
- A combination of different coins and notes can be used to make the same total value.
Keywords
Coin - A coin is a small flat piece of metal used as money.
Note - A note or banknote is a piece of paper money.
Value - The value of something is how much it is worth in money or other things for which it can be exchanged.
Common misconception
Some children may think that larger coins have a larger value.
Look at examples where this is not the case e.g. a 5p coin is smaller than a 2p coin but has a higher value.
Teacher tip
Make the lesson as practical as possible. Children have few opportunities to handle coins so give time chance to manipulate and compare them. This is particualry valuable for looking at the relative value of coins. You may want to take time looking at different currencies relating to your pupils.
Content guidance
Depiction or discussion of sensitive content
Supervision
Adult supervision recommended
Licence
Lesson video
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Prior knowledge starter quiz
6 Questions
Q1.Find the missing word. means not use money but keep it for later.
Q2.What is the name of the small amount of money given by some parents to their children?
Q3.Laura wants to earn some extra money by doing jobs. Which jobs do you think she should definitely not be paid for?
Q4.Laura has earned four 50 p coins from doing jobs. How much money is that altogether?
Q5.Laura has three £2 coins. How much money does she have altogether?
Q6.Andeep wants to buy a cuddly toy which costs £7. He gets £2 pocket money every week. How many weeks would he need to save for?
Assessment exit quiz
6 Questions
Q1.Which coin is not a circle?
Q2.Laura has these coins. What is the total value of the 3 coins?
Q3.What is the total value of these 3 coins?
Q4.Laura has five 10 p coins. They have a total value equal to which coin?
Q5.How many £2 coins are equal in value to a £10 note?
Q6.How many 5 p coins are equal to 50 p?
To help you plan your 2 financial education lesson on: What money have I got?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your 2 financial education lesson on: What money have I got?, download all teaching resources for free and adapt to suit your pupils' needs.
The starter quiz will activate and check your pupils' prior knowledge, with versions available both with and without answers in PDF format.
We use learning cycles to break down learning into key concepts or ideas linked to the learning outcome. Each learning cycle features explanations with checks for understanding and practice tasks with feedback. All of this is found in our slide decks, ready for you to download and edit. The practice tasks are also available as printable worksheets and some lessons have additional materials with extra material you might need for teaching the lesson.
The assessment exit quiz will test your pupils' understanding of the key learning points.
Our video is a tool for planning, showing how other teachers might teach the lesson, offering helpful tips, modelled explanations and inspiration for your own delivery in the classroom. Plus, you can set it as homework or revision for pupils and keep their learning on track by sharing an online pupil version of this lesson.
Explore more key stage 1 financial education lessons from the My money and me unit, dive into the full primary financial education curriculum, or learn more about lesson planning.