Male: You got pounds, pence, notes.
And one pound is 100 pennies.
Female: Even if it's just when you get your payslip at the end of the month to check that your hours are correct and that you've not been underpaid.
Boss: To run a company, you need to understand what's happening and the ultimate thing that's happening is the profit, which enables you to build the business.
Bus driver: You're taking money off people, you're giving them change.
Somebody gives you a foreign coin instead of a 10p, that's 10p that's just come out of your wages.
Some drivers can be at the end of the week, £20, £30, £40 out of the wages.
Cashier: Cashing up, which has to be done every day, so checking that we have the amount of cash taken.
Well, on my sheet, it's got £50, £20, £10, £2, £1.
So, I'm just counting one by one, just to make sure it's quite thorough at the end, so I'm onto the pounds now.
I'm just going to count those. 10, 11, 12.
Then make a note on here, so then I carry on until I get to the pennies.
Money is based on the decimal system. 100 pence equals £1.
Quick tips for tutors
Money includes:
- Conventions for reading, writing and expressing money amounts
- Strategies for writing money in words and decimal notation
- Step-by-step description of the processes of adding, subtracting, multiplying and dividing money
- Money calculation practice activities in real life situations
Downloadable Factsheets
Entry 1 & 2 - Coins we use
An introduction to the coins we use.
Entry 3 - Adding and subtracting money
How to organise and align written calculations involving money to enable addition and subtraction.
Entry 3 - Adding money
How to write down and align addition sums involving money, with everyday examples.
Entry 3 - Money: Pounds and pence
Summary of how pounds and pence are written in different ways according to the context.
Entry 3 - Recording money
Summary of the different ways in which prices are recorded in speech and writing.
Entry 3 - Rounding money
How to estimate total costs by rounding money up or down to the nearest 10p and the nearest £.
Entry 3 - Subtracting money
How to write down and align subtraction sums involving money, with everyday examples.
Entry 3 - Multiplying money
How to write down and align multiplication sums involving money, with everyday examples.
Level 1 - Dividing money
How to write down and align division sums involving money, with everyday examples.
Level 1 - Forms and money calculations
How to check sums of money that are represented on forms, using payslips and council tax as examples.
Level 1 - Buying on credit
How to calculate whether it costs more to buy on credit or in one payment.
Downloadable Worksheets
Entry 3 - Writing money
Exercise in matching written numbers against the correct figures.
Entry 3 - Matching pounds and pence
Exercise in pairing prices expressed in words with their correct numerical notation.
Entry 1 - Dividing sums of money
Exercise in using appropriate division methods to solve division problems expressed in words.
Level 1 - Completing forms and payslips
Exercise in showing and calculating sums of money on claim forms and payslips.
