Free Printable Money Word Problems Worksheets for 1st Year
Money Word Problems: Discover a collection of free printable worksheets for Year 1 students, focusing on math money concepts and problem-solving skills. Enhance learning with Quizizz resources.
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Explore printable Money Word Problems worksheets for 1st Year
Money Word Problems worksheets for Year 1 are an essential resource for teachers looking to help their students develop a strong foundation in math. These worksheets provide a variety of engaging and challenging problems that focus on real-life situations involving money, such as counting coins, making change, and comparing amounts. By incorporating these Year 1 math word problems into their lesson plans, teachers can ensure that their students are not only learning the necessary mathematical skills but also gaining valuable problem-solving abilities. With a wide range of topics and difficulty levels, these Money Word Problems worksheets for Year 1 cater to the diverse needs of young learners, making them an indispensable tool for any elementary school teacher.
Quizizz is an innovative platform that offers a vast collection of resources, including Money Word Problems worksheets for Year 1, to help teachers create engaging and interactive learning experiences for their students. With Quizizz, teachers can easily find and customize Year 1 math word problems to suit the specific needs of their class, ensuring that every student is challenged and supported in their learning journey. In addition to worksheets, Quizizz also offers a variety of other tools and features, such as quizzes, flashcards, and interactive games, that can be seamlessly integrated into the classroom to make learning math fun and exciting. By utilizing Quizizz's extensive library of resources, teachers can create a dynamic and effective learning environment that fosters a love for math in their Year 1 students.
Popular searches in the last week:
Maths year 1 autumn money and time.
Teach a selection of units to meet the needs of your class.
Coins to 10p: identify & exchange (suggested as 3 days)
Lesson planning.
![problem solving money year 1 planning_1249.png](https://media.hamilton-trust.org.uk/images/planning_1249.original.png)
- Mastery Activity with Answers
- In-depth Investigation
![problem solving money year 1 worksheets_1249.png](https://media.hamilton-trust.org.uk/images/worksheets_1249.original.png)
- Practice Worksheets with Answers
![problem solving money year 1 resources_1249.png](https://media.hamilton-trust.org.uk/images/resources_1249.original.png)
- Mental/Oral Starters
- Extra Support
![problem solving money year 1 catchup_1249.png](https://media.hamilton-trust.org.uk/images/catchup_1249.original.png)
You Will Need
![problem solving money year 1 teachertips_1249.png](https://media.hamilton-trust.org.uk/images/teachertips_1249.original.png)
- Common Misconceptions
TAs & Tutors / Home Learning
With TA/Tutor
These materials are for a TA or Tutor to use with a small group of children or one child. They support the learning in class in this unit. Notes are provided for teacher and TA/Tutor.
- TA/Tutor Activities
Back to Lockdown?
If your class or school is closing for a while, this Route map outlines what to teach online, and what to practise at home. The Home pack includes everything you and the children will need.
- Route map for teachers
Make amounts/find all possibilities (suggested as 3 days)
![problem solving money year 1 planning_1259.png](https://media.hamilton-trust.org.uk/images/planning_1259.original.png)
Teacher Tips
![problem solving money year 1 teachertips_1259.png](https://media.hamilton-trust.org.uk/images/teachertips_1259.original.png)
Tell o’clock times; sequence events (suggested as 2 days)
![problem solving money year 1 planning_1277.png](https://media.hamilton-trust.org.uk/images/planning_1277.original.png)
In-depth Investigation: Time Line from nrich.maths.org
![problem solving money year 1 worksheets_1277.png](https://media.hamilton-trust.org.uk/images/worksheets_1277.original.png)
- Unit Resources
![problem solving money year 1 catchup_1277.png](https://media.hamilton-trust.org.uk/images/catchup_1277.original.png)
Days of the week, months of the year (suggested as 2 days)
![problem solving money year 1 planning_1283.png](https://media.hamilton-trust.org.uk/images/planning_1283.original.png)
In-depth Investigation: Activity Set C from ncetm.org.uk
![problem solving money year 1 worksheets_1283.png](https://media.hamilton-trust.org.uk/images/worksheets_1283.original.png)
Hamilton’s problem-solving investigations are 'low floor, high ceiling' activities that give all children opportunities to develop mastery and mathematical meta-skills. Explore a set for a whole year group.
Extra Support worksheets come with guidance for a teacher or TA working with small groups. They can make a significant difference to children working below ARE. Extra support is linked to individual objectives-based units, but you can also explore a set for a whole year.
Procedural fluency is fundamental to numeracy, and Hamilton's practice worksheets are carefully differentiated for children working toward Age Related Expectations (ARE), at ARE and at greater depth. Practice is linked to individual objectives-based units, but you can also explore sets of worksheets for the whole year.
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Money Word Problems
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One step money word problems - more and less
Subject: Mathematics
Age range: 5-7
Resource type: Worksheet/Activity
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Last updated
22 February 2018
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Reasoning/Problem Solving Maths Worksheets for Year 1 (age 5-6)
Reasoning about number, sorting and counting.
To build on the work done in Early Years children need to sort groups in various ways before counting the objects within the groups.
![problem solving money year 1 Preview of worksheet How many in the picture? (1)](https://content.urbrainy.com/5313/2008270534/thumbnail_large/6881_1.png)
Counting a variety of things.
![problem solving money year 1 Preview of worksheet How many in the picture? (2)](https://content.urbrainy.com/5315/677439111/thumbnail_large/6882_1.png)
Sorting and counting activities.
![problem solving money year 1 Preview of worksheet How many in the picture? (3)](https://content.urbrainy.com/5314/1024370489/thumbnail_large/6880_1.png)
Sorting and counting activities (3)
![problem solving money year 1 Preview of worksheet How many in the picture (4)](https://content.urbrainy.com/7173/1466828640/thumbnail_large/8391_1.png)
How many flowers, balls etc can you see in the picture?
![problem solving money year 1 Preview of worksheet How many in the picture (5)](https://content.urbrainy.com/7174/135472929/thumbnail_large/8392_1.png)
How many boats, trains, bikes and buses can you see in the picture?
![problem solving money year 1 Preview of worksheet How have the objects been sorted? (1)](https://content.urbrainy.com/5316/1628767812/thumbnail_large/6883_1.png)
Looking for similarities in groups of sorted objects.
![problem solving money year 1 Preview of worksheet How have the objects been sorted? (2)](https://content.urbrainy.com/5317/1538926085/thumbnail_large/6884_1.png)
Explaining the criteria for sorting into groups - there may be more than one possible answer.
![problem solving money year 1 Preview of worksheet Sorting into groups (2)](https://content.urbrainy.com/5319/1427923331/thumbnail_large/6886_1.png)
Guess how many objects and then count to see how accurate you are!
![problem solving money year 1 Preview of worksheet Sorting objects into groups (fruit)](https://content.urbrainy.com/7572/725838093/thumbnail_large/8684_1.png)
Sorting a variety of fruit into groups.
![problem solving money year 1 Preview of worksheet Sort objects into groups (various objects)](https://content.urbrainy.com/7573/1844938954/thumbnail_large/8685_1.png)
Sorting a variety of objects into groups.
![problem solving money year 1 Preview of worksheet Reasoning: counting to ten forwards and backwards](https://content.urbrainy.com/4533/399041143/thumbnail_large/4882_1.png)
Explaining answers: counting forwards and backwards.
Making number sentences and using number cards
Children will be asked to find different ways of making numbers using addition and subtraction. Number cards are an excellent resource in the classroom for this type of activity.
![problem solving money year 1 Preview of worksheet Make 3: number sentences](https://content.urbrainy.com/5120/59705969/thumbnail_large/6552_1.png)
Use number cards to find different ways of making 3.
![problem solving money year 1 Preview of worksheet Make 4: number sentences](https://content.urbrainy.com/766/1277241309/thumbnail_large/828_1.png)
How many ways can you make 4 using the cards shown?
![problem solving money year 1 Preview of worksheet Make 5 number sentences](https://content.urbrainy.com/849/1982796653/thumbnail_large/908_1.png)
How many ways can you make 5 using the numbers and signs?
![problem solving money year 1 Preview of worksheet Make 6: number sentences](https://content.urbrainy.com/5121/429307501/thumbnail_large/8332_1.png)
Use number cards to find different ways of making 6.
![problem solving money year 1 Preview of worksheet Make 8: number sentences](https://content.urbrainy.com/7172/515499939/thumbnail_large/8390_1.png)
How many ways can you make 8 using the numbers on the cards?
![problem solving money year 1 Preview of worksheet Make 7](https://content.urbrainy.com/765/192676892/thumbnail_large/827_1.png)
How many ways can you add 2 numbers to make 7?
![problem solving money year 1 Preview of worksheet Number cards 1](https://content.urbrainy.com/5122/1586468824/thumbnail_large/8831_1.png)
Use cards to make numbers.
![problem solving money year 1 Preview of worksheet Number cards 2](https://content.urbrainy.com/5123/1449158730/thumbnail_large/8813_1.png)
Use cards to make numbers, including zero.
Reasoning about money
Using coins is a great way to explore different ways of making amounts. The later pages on shopping require logical thinking and children should be able to explain verbally or on paper how they reached their answers.
![problem solving money year 1 Preview of worksheet Costs 8p challenge](https://content.urbrainy.com/759/612338897/thumbnail_large/11064_1.png)
How many ways can you pay 8p?
![problem solving money year 1 Preview of worksheet Ragdoll for 9p](https://content.urbrainy.com/786/286294729/thumbnail_large/11056_1.png)
What coins could you use to buy the ragdoll?
![problem solving money year 1 Preview of worksheet Shape and money challenge](https://content.urbrainy.com/739/1674276112/thumbnail_large/11063_1.png)
What shapes can you buy for 10p? Costs according to the number of sides the shape has.
![problem solving money year 1 Preview of worksheet Reasoning: shopping two of a kind (1)](https://content.urbrainy.com/4706/1070337493/thumbnail_large/11060_1.png)
Solving 2-step problems with money up to 10p.
![problem solving money year 1 Preview of worksheet Reasoning: shopping two of a kind (2)](https://content.urbrainy.com/4707/1886465426/thumbnail_large/11061_1.png)
2-step money problems.
![problem solving money year 1 Preview of worksheet Reasoning: shopping two of a kind (3)](https://content.urbrainy.com/4708/690376019/thumbnail_large/11062_1.png)
More shopping: 2-step problems with whole pounds.
![problem solving money year 1 Preview of worksheet Spending 10p](https://content.urbrainy.com/5510/1271243414/thumbnail_large/11057_1.png)
Simple reasoning with small amounts of money.
![problem solving money year 1 Preview of worksheet Number bonds: 10p to spend](https://content.urbrainy.com/5511/1159717396/thumbnail_large/11059_1.png)
Reasoning skills with small amounts of money.
Reasoning about addition and subtraction
Plenty of opportunity to select numbers and add and subtract to reach totals. Finding all the possible combinations can be an important part of these activities.
![problem solving money year 1 Preview of worksheet Problem solving: addition and subtraction (1)](https://content.urbrainy.com/10322/435847000/thumbnail_large/11007_1.png)
A first look at word problems needing addition or subtraction to solve.
![problem solving money year 1 Preview of worksheet Problem solving addition and subtraction (2)](https://content.urbrainy.com/10323/1387175705/thumbnail_large/11008_1.png)
More problem solving where addition or subtraction is needed.
![problem solving money year 1 Preview of worksheet How many ways to make a number](https://content.urbrainy.com/327/1568622047/thumbnail_large/442_1.png)
Sharks know that there's more than one way to catch a fish. And there's usually lots of ways to make a total by adding two numbers.
![problem solving money year 1 Preview of worksheet How many ways (harder)](https://content.urbrainy.com/7175/1119897326/thumbnail_large/8393_1.png)
'How many ways?' investigation using 7, 8 and 9.
![problem solving money year 1 Preview of worksheet Add pairs](https://content.urbrainy.com/769/808421144/thumbnail_large/831_1.png)
How many different answers can you get?
![problem solving money year 1 Preview of worksheet Bull's eye](https://content.urbrainy.com/866/94519098/thumbnail_large/925_1.png)
Three darts to score on the board. Good adding up revision.
![problem solving money year 1 Preview of worksheet 3 years older.](https://content.urbrainy.com/779/1994965102/thumbnail_large/841_1.png)
A little age problem.
![problem solving money year 1 Preview of worksheet Hexagon subtraction challenge](https://content.urbrainy.com/881/1730083724/thumbnail_large/939_1.png)
Make subtraction sentences using the numbers around the hexagon.
![problem solving money year 1 Preview of worksheet It all adds up](https://content.urbrainy.com/944/396060736/thumbnail_large/999_1.png)
Put the numbers 1, 2, 3, 4 and 5 onto the grid so that both lines add up to the same total. How many ways?
![problem solving money year 1 Preview of worksheet Triangle make 9](https://content.urbrainy.com/919/1657253366/thumbnail_large/977_1.png)
Can you put the numbers in the circles so that each side of the triangle adds up to 9?
![problem solving money year 1 Preview of worksheet Add 3 numbers](https://content.urbrainy.com/960/734278803/thumbnail_large/1014_1.png)
Pick three numbers from those shown and add them. How many different additions can you find?
![problem solving money year 1 Preview of worksheet Reasoning; missing symbols](https://content.urbrainy.com/4536/2077707698/thumbnail_large/4885_1.png)
Completing missing symbols in number sentences.
![problem solving money year 1 Preview of worksheet Reasoning: more or less](https://content.urbrainy.com/4534/1216152116/thumbnail_large/4883_1.png)
Completing number sentences using more and less than.
![problem solving money year 1 Preview of worksheet Reasoning: continue the pattern](https://content.urbrainy.com/4535/19017205/thumbnail_large/4884_1.png)
Completing simple number patterns.
More reasoning activities
More activities to challenge children’s reasoning and logical thinking. Plenty of, 'How many ways ....' activities.
![problem solving money year 1 Preview of worksheet Cubes in one hand](https://content.urbrainy.com/755/1454627478/thumbnail_large/817_1.png)
Find how many cubes can be held in one hand and record data collected in a table.
![problem solving money year 1 Preview of worksheet Ice lollies](https://content.urbrainy.com/907/850206946/thumbnail_large/965_1.png)
How many different ways can the ice lolly be coloured, using just two colours?
![problem solving money year 1 Preview of worksheet Boxes and cubes](https://content.urbrainy.com/803/1550888633/thumbnail_large/864_1.png)
How many different ways can you put the cubes in the boxes?
![problem solving money year 1 Preview of worksheet 5 Rectangles](https://content.urbrainy.com/796/1136577662/thumbnail_large/857_1.png)
How many rectangles can be made?
![problem solving money year 1 Preview of worksheet 9 tile challenge](https://content.urbrainy.com/900/569067227/thumbnail_large/958_1.png)
How many ways can the 9 tiles be put together to make a square?
![problem solving money year 1 Preview of worksheet Four triangles](https://content.urbrainy.com/891/635381010/thumbnail_large/949_1.png)
How many ways can I join 4 triangles to make other shapes?
![problem solving money year 1 Preview of worksheet Make four numbers](https://content.urbrainy.com/790/732499444/thumbnail_large/851_1.png)
Make four 2-digit numbers from just two 1-digit numbers.
![problem solving money year 1 Preview of worksheet Make a difference of more than 1.](https://content.urbrainy.com/855/238870007/thumbnail_large/914_1.png)
Put the numbers into the grid so that there is always a difference of more than one.
![problem solving money year 1 Preview of worksheet Bus stop routes](https://content.urbrainy.com/828/2091750545/thumbnail_large/888_1.png)
Find and describe routes to the bus stop.
![problem solving money year 1 Preview of worksheet Abacus challenge](https://content.urbrainy.com/923/259206386/thumbnail_large/981_1.png)
How many numbers can you make with 6 beads on the abacus?
![problem solving money year 1 Preview of worksheet Caterpillar challenge](https://content.urbrainy.com/931/662761340/thumbnail_large/987_1.png)
How many different routes are there from head to tail? Great logical thinking challenge.
![problem solving money year 1 Preview of worksheet More Caterpillar Counting](https://content.urbrainy.com/2988/1939500696/thumbnail_large/3007_1.png)
Fun counting challenge which encourages logical thinking.
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Resources tagged with: Money
There are 24 NRICH Mathematical resources connected to Money , you may find related items under Measuring and calculating with units .
![problem solving money year 1](https://nrich.maths.org/content/id/14727/icon.jpg)
Fruity Pairs
Which two items of fruit could Kate and Sam choose? Can you order the prices from lowest to highest?
![problem solving money year 1](https://nrich.maths.org/content/id/6969/icon.png)
Planning a School Trip
You are organising a school trip and you need to write a letter to parents to let them know about the day. Use the cards to gather all the information you need.
![problem solving money year 1](https://nrich.maths.org/content/id/5949/icon.png)
How Much Did it Cost?
Use your logical-thinking skills to deduce how much Dan's crisps and ice-cream cost altogether.
![problem solving money year 1](https://nrich.maths.org/content/id/5893/icon.jpg)
Your school has been left a million pounds in the will of an ex- pupil. What model of investment and spending would you use in order to ensure the best return on the money?
![problem solving money year 1](https://nrich.maths.org/content/02/06/penta4/icon.jpg)
Plenty of Pens
Amy's mum had given her £2.50 to spend. She bought four times as many pens as pencils and was given 40p change. How many of each did she buy?
![problem solving money year 1](https://nrich.maths.org/content/02/06/penta3/icon.jpg)
Ram divided 15 pennies among four small bags. He could then pay any sum of money from 1p to 15p without opening any bag. How many pennies did Ram put in each bag?
![problem solving money year 1](https://nrich.maths.org/content/02/10/six6/icon.png)
Oh for the Mathematics of Yesteryear
A garrison of 600 men has just enough bread ... but, with the news that the enemy was planning an attack... How many ounces of bread a day must each man in the garrison be allowed, to hold out 45 days against the siege of the enemy?
![problem solving money year 1](https://nrich.maths.org/content/02/06/letme1/icon.png)
The Puzzling Sweet Shop
There were chews for 2p, mini eggs for 3p, Chocko bars for 5p and lollypops for 7p in the sweet shop. What could each of the children buy with their money?
![problem solving money year 1](https://nrich.maths.org/content/01/01/letme1/icon.png)
Buying a Balloon
Lolla bought a balloon at the circus. She gave the clown six coins to pay for it. What could Lolla have paid for the balloon?
![problem solving money year 1](https://nrich.maths.org/content/99/01/letme1/icon.png)
Ben has five coins in his pocket. How much money might he have?
![problem solving money year 1](https://nrich.maths.org/content/id/14511/icon.jpg)
Charitable Pennies
Investigate the different ways that fifteen schools could have given money in a charity fundraiser.
![problem solving money year 1](https://nrich.maths.org/content/id/10465/icon.png)
Money Line-up
In this game for two players, the aim is to make a row of four coins which total one dollar.
![problem solving money year 1](https://nrich.maths.org/content/id/10339/icon.png)
What is the smallest number of coins needed to make up 12 dollars and 83 cents?
![problem solving money year 1](https://nrich.maths.org/content/id/6888/icon.png)
2010: A Year of Investigations
This article for teachers suggests ideas for activities built around 10 and 2010.
![problem solving money year 1](https://nrich.maths.org/content/id/6049/icon.jpg)
At the Pumps
How will you find out how much a tank of petrol costs?
![problem solving money year 1](https://nrich.maths.org/content/id/4906/icon.png)
Five More Coins
Could Ben have any amount of money between 5p and £2 in his pocket if he has five coins?
![problem solving money year 1](https://nrich.maths.org/content/id/2648/icon.png)
The Money Maze
Go through the maze, collecting and losing your money as you go. Which route gives you the highest return? And the lowest?
![problem solving money year 1](https://nrich.maths.org/content/id/2587/icon.jpg)
History of Money
If you would like a new CD you would probably go into a shop and buy one using coins or notes. (You might need to do a bit of saving first!) However, this way of paying for the things you want did not always exist. Find out more ...
![problem solving money year 1](https://nrich.maths.org/content/id/2586/icon.png)
Money Problems?
Marion Bond investigates the skills needed in order for children to understand money.
![problem solving money year 1](https://nrich.maths.org/content/id/2416/icon.png)
Chocoholics
George and Jim want to buy a chocolate bar. George needs 2p more and Jim need 50p more to buy it. How much is the chocolate bar?
Roasting Old Chestnuts 4
For teachers. Yet more school maths from long ago-interest and percentages.
![problem solving money year 1](https://nrich.maths.org/content/02/09/penta5/icon.png)
Here are the prices for 1st and 2nd class mail within the UK. You have an unlimited number of each of these stamps. Which stamps would you need to post a parcel weighing 825g?
Thirty Nine, Seventy Five
We have exactly 100 coins. There are five different values of coins. We have decided to buy a piece of computer software for 39.75. We have the correct money, not a penny more, not a penny less! Can you discover what the five different types of coins are worth and how many of each we have saved?
![problem solving money year 1](https://nrich.maths.org/content/99/12/letme1/icon.jpg)
Christmas Shopping
Vera is shopping at a market with these coins in her purse. Which things could she give exactly the right amount for?
What is the $1 rule?
Applying the $1 rule to big purchases, what if something doesn’t pass the $1 rule, you can pay off debt and still live your life, stop overspending while still splurging. how the $1 rule works.
I paid off my debt, saved $1 million for retirement, and I still get what I want.
![problem solving money year 1 Bernadette Joy](https://www.cnet.com/personal-finance/assets/uploads/2024/01/bernadette-joy-150x150.png?width=80&crop=1:1,smart&auto=webp)
Bernadette Joy
Money coach and founder of Crush Your Money Goals
Bernadette Joy is a nationally recognized money expert featured on Good Morning America and NBC News, and in Time and USA Today. She inspires her audience to explore the intersection between net worth and self-worth. While she has two degrees in business and a degree in psychology, her credibility comes from leading by example. As first-generation Filipino Americans, she and her husband AJ paid off a whopping $300,000 of debt in three years and grew their first $1 million of net worth in their thirties. Joy founded Crush Your Money Goals® for the many who are overlooked and underestimated by traditional financial services. Her goal is to help others gain confidence in managing money and provide a blueprint to achieve financial independence.
Dashia Milden
Dashia is a staff editor for CNET Money who covers all angles of personal finance, including credit cards and banking. From reviews to news coverage, she aims to help readers make more informed decisions about their money. Dashia was previously a staff writer at NextAdvisor, where she covered credit cards, taxes, banking B2B payments. She has also written about safety, home automation, technology and fintech.
CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.
When paying off debt , many experts strongly urge you not to buy anything you don’t need. But I disagree.
Who wants to give up all the fun of spending and have nothing to look forward to?
When I was knocking out my debt , I considered the “scrimp-and-save” method, which severely restricts buying anything except essentials so you can squeeze a little extra into your payoff.
Yet constantly tracking every penny and slapping myself on the wrist when I went over budget didn’t make me want to spend less -- it just made me feel worse when I did. Plus, it made me want to spend more , trapping me in a spend-and-restrict cycle. Now that I’m a money coach , I understand why. This approach isn’t sustainable, and it doesn’t address the real problem.
I eventually ditched the classic tips and created my own spending rule. By rewiring the way I think about spending , it’s helped me curtail my spending without giving up things I need (or want) to buy. It also helped me set ambitious financial goals, like saving enough for retirement 30 years ahead of schedule. Now, I share this rule with the thousands of clients I’ve helped wipe out debt and crush their money goals. And I bet it could work for you, too.
Got your attention yet? Here’s my “$1 rule” and how it just might change your life.
The $1 rule is my spin on the age-old cost-per-use idea, specifically calling out a dollar as the benchmark. Before buying an item, figure out how many times you’ll use it. If it breaks down to $1 or less per use, I give myself the green light to buy it.
So, if an item costs $100 and you’ll only get five uses out of it, that breaks down to $20 per use. Following the $1 rule, that purchase wouldn’t be worth it.
This rule works especially well when applied to your weak spots, where you tend to binge. For me, that’s clothing, accessories and home goods. I still buy things that I love (and will get plenty of use out of), but it stops me from making impulse purchases that might seem like a good deal.
It also encourages me to choose sustainable and high-quality items. I’ve moved almost entirely away from fast fashion because even a $5 shirt I might only wear once or twice breaks the $1 rule.
![problem solving money year 1 The $1 rule in action](https://www.cnet.com/personal-finance/assets/uploads/2023/07/1211849923.png?auto=webp)
The $1 rule in action
Growing up in New York, I fell in love with sneakers. But sneakers aren’t cheap, so I’m always on the lookout for discounts. Recently, I found a pair of pink and black Nike dunks for $50 on sale.
So, I crunched the numbers. I calculated that I would probably wear them once a week for a year, or at least 52 times. That means it would cost me around $0.96 for each use. So I got them.
Formula: $50 divided by 52 uses = $0.96 per use.
During the same shopping trip, I found a beautiful fluffy skirt on clearance, marked down from $150 to $37.50. While I was lured in by the big discount and brand name, I let the $1 rule guide me.
I considered the number of special occasions where I might show off this skirt, and I just couldn’t see myself wearing it 37 times. So, I decided it wasn’t worth the money.
When debating major expenses, like furniture or technology, price tags look different when you calculate how many uses you’ll get out of them first.
For example, when we bought our last home, it became clear that my old HGTV-obsessed self was making a comeback. It’s easy to get swept up in the excitement of decorating a new home that you buy more than you really need. But what’s actually worth the money?
With my husband and I working from home permanently, we decided we were willing to pay a little more for quality desks and office chairs. We learned from previous moves that cheaper desks tend to fall apart easily. So instead of going to Target or getting a desk from Craigslist like we’d done before, we went to a higher-quality furniture outlet.
We found a classic desk that retails for $699, marked down 40% to $419. That’s more than I’ve ever spent on a desk, but using the $1 rule, I realized I would sit in front of it five days a week for 50 weeks a year, which is 250 uses per year. The purchase would pass the $1 rule in less than two years.
I felt much more confident in that purchase than I did in the days I used to scrimp and save every penny.
The $1 rule doesn’t give you permission to spend money that’s not in your budget. You still need to pay attention to how much flexible income you have. But using this rule to curate the purchases you make with your discretionary income can help you put an end to overspending, without feeling restricted.
I still spend occasionally without following the $1 rule. When it comes to paying for events or travel, the $1 rule doesn’t always work. But that’s when I lean on my budget and past experiences to help me decide if an expense is worthwhile.
The Broadway show Hamilton came to our city when I was focused on paying off my student loans and mortgage. The musical theater geek in me was conflicted with the voices of prominent debt experts saying that buying these expensive tickets would be a mistake. But since I stick to the $1 rule for 99% of my purchases, I knew I could make an exception.
Yes, I bought the Hamilton tickets instead of putting extra money toward my debt, and I have no regrets. But I also didn’t use credit to finance the purchase. Instead, I swapped other expenses I would have made during the month, like dining out and social gatherings, so I could pay for the tickets in full without a credit card and without blowing my budget.
The $1 rule won’t always be able to help you when deciding if an experience, such as a vacation or concert, is worth the money. But if you stick to it most of the time for material purchases, you’ll be able to free up more money for experiences, without hurting your debt payoff goals.
Leaving room to enjoy my money has kept me focused on the long and often monotonous journey of paying off debt and saving for the future. At the same time, I’m removing the guilt of spending on things that are meaningful to me, which has helped me build a healthier relationship with money.
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Recognising Coins Year 1 Money Free Resource Pack
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Step 1: Recognising Coins Year 1 Summer Block 5 Resources
Recognising Coins Year 1 Resource Pack includes a teaching PowerPoint and differentiated varied fluency and reasoning and problem solving resources for Summer Block 5.
![problem solving money year 1](https://classroomsecrets.co.uk/wp-content/uploads/2017/06/Comment.png)
What's included in the pack?
This pack includes:
- Recognising Coins Year 1 Teaching PowerPoint.
- Recognising Coins Year 1 Varied Fluency with answers.
- Recognising Coins Year 1 Reasoning and Problem Solving with answers.
National Curriculum Objectives
Mathematics Year 1: (1M3) Recognise and know the value of different denominations of coins and notes
Differentiation:
Varied Fluency Developing Questions to support recognising all of the denominations of coins and knowing their values. Involves recognising the value of up to three coins. Expected Questions to support recognising all of the denominations of coins and knowing their values. Involves recognising the value of groups of coins made up of two different coins. Greater Depth Questions to support recognising all of the denominations of coins and knowing their values. Involves recognising the value of groups of coins made up of several different coins.
Reasoning and Problem Solving Questions 1, 4 and 7 (Reasoning) Developing Explain if a statement is correct when finding the possible coins that make a given total, using up to 2 coins. Expected Explain if a statement is correct when finding the possible coins that make a given total, using up to 3 coins. Greater Depth Explain if a statement is correct when finding the possible coins that make a given total, using up to 4 coins.
Questions 2, 5 and 8 (Problem Solving) Developing Complete the table (up to four missing parts). Includes the shape, colour and value of coins. Expected Complete the table (up to five missing parts). Includes the shape, colour and value of coins, as well as equivalent values. Greater Depth Complete the table (up to eight missing parts). Includes the shape, colour and value of coins, as well as equivalent values.
Questions 3, 6 and 9 (Problem Solving) Developing Find a way of making an amount of money using 2 coins. Expected Find all of the possible ways to make an amount of money using up to 3 coins. Greater Depth Find all of the possible ways to make an amount of money using up to 4 coins.
This resource is available to download with a Taster subscription.
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COMMENTS
This Maths Mastery PowerPoint around British money problems for Year 1 students can help teachers teach towards a main aim in the 2014 National Curriculum. Pupils will begin to Recognise and know the value of different denominations of coins and notes. The above video may be from a third-party source.
Money Word Problems: Discover a collection of free printable worksheets for Year 1 students, focusing on math money concepts and problem-solving skills. Enhance learning with Quizizz resources. ... Money Word Problems worksheets for Year 1 are an essential resource for teachers looking to help their students develop a strong foundation in math ...
Year 2 Solving Money Problems Using Bar Model Worksheets; Money in the KS1 National Curriculum. In Year 1, children will learn how to recognise and know the value of money, including different coins and notes.
Y1 Y2 Y3 Y4 Y5 Y6. Each unit in this Flexible Maths Block covers a set of Year 1 Money and Time related skills and concepts. Unit 1: Coins to 10p: identify & exchange. Unit 2: Make amount/find possibilities. Unit 3: O'clock times and sequence events. Unit 4: Days of the week, months of the year.
As part of the national curriculum, year 1 and year 2 children are enabled to develop their problem-solving skills and their reasoning skills. This is where money problem-solving games can be an extremely useful tool for allowing children to learn, develop, and practise these skills with confidence.
Year 1; Money. KS1 Maths videos, quizzes and activities that will help students practise their money knowledge and skills. Part of KS1 Maths
Year 2 Solving Money Problems Using Bar Model Worksheets; Money in the KS1 National Curriculum. In Year 1, children will learn how to recognise and know the value of money, including different coins and notes.
Subject: Mathematics. Age range: 5-7. Resource type: Lesson (complete) File previews. pdf, 1.12 MB. Year 1 Money Complete Lesson Plan with Worksheets, Flashcards and Activities. Teaching Year 1 students about money can be an engaging and practical learning experience. Here's a lesson plan along with worksheets and activities to help you teach ...
This activity lets your students use mathematical modelling to solve simple money problems.There are 36 different addition and subtraction money problems to solve. Students use a think board template as a scaffold to support them in solving each money problem.Students place the word problem card on the think board, draw a picture of the problem ...
docx, 703.57 KB. docx, 312.42 KB. notebook, 2.52 MB. A few different worksheets created for y1 and y2. Worksheets include some exam style questions and maths mastery questions. Ideal to challenge children when looking at money. Hope these help. Creative Commons "Sharealike". Not quite what you were looking for?
Differentiated maths resources for Summer Block 5 (Money) in small steps for KS1 children in Year 1. Each small step contains a pack of resources which include a teaching PowerPoint, a varied fluency worksheet pack (in three differentiated levels) and a reasoning and problem solving worksheet pack (in 3 differentiated levels). Coverage of the Summer Block 5 (Money) small steps include ...
These challenge cards support the Ready-to-Progress Criteria: Add and subtract within 100 by applying related one-digit addition and subtraction facts: add and subtract any 2 two-digit numbers (2AS-4). These fun fair-themed challenge cards encourage children to apply addition and subtraction strategies to solving one-step problems involving ...
Counting money (coins) and making amounts. At first children will count using 1p and 2p coins to make totals up to 10p. Later the 5p and 10p coin can be introduced. Solving simple problems, such as finding more coins to make 10p, can be done practically. As confidence grows totals up to 20p can be used.
Year 1/2 Money Worksheet Bundle - 14 Worksheets. A whole unit of worksheets on money. There are 14 differentiated worksheets plus activity cards all to help children with money recognition, adding money, calculating change and problem solving using money.
Year 1; Year 2; Year 3; Year 4; Year 5; Year 6; Digi-Tool Dashboard; Digi-Game Zone; Menu. Digi-Tool Dashboard; ... Includes a variety of different money-based word problems which range from adding coins, to working out change. Use th ese cards for students to work through in small groups or as a whole class to challenge their problem-solving ...
Questions 3, 6 and 9 (Problem Solving) Developing Find a way of making an amount of money using 2 coins. Expected Find all of the possible ways to make an amount of money using up to 3 coins. Greater Depth Find all of the possible ways to make an amount of money using up to 4 coins. More Year 1 Money resources. Did you like this resource?
One step money word problems - more and less. Subject: Mathematics. Age range: 5-7. Resource type: Worksheet/Activity. File previews. pdf, 459.31 KB. These are one step more and less problems that I've been using in Year 1. We're practising the vocabulary of 'more' and 'less' and their association with add and subtract.
Year 1 Maths Worksheets (age 5-6) Reasoning/Problem Solving ... Solving 2-step problems with money up to 10p. 5 pages Reasoning: shopping two of a kind (2) Reasoning: shopping two of a kind (2) 2-step money problems. 5 pages Free ...
These money word problems are a brilliant way of testing whether KS1 children can apply their prior knowledge of money mathematics to written word problems. As well as testing their mathematical skills, your KS1 class will also practise their reading comprehension skills. These money word problems worksheets include a pack of 3 differentiated ...
There are 24 NRICH Mathematical resources connected to Money, you may find related items under Measuring and calculating with units. Broad Topics > Measuring and calculating with units > Money Problem Primary curriculum Secondary curriculum
This pack includes: Year 1 Recognising Coins Discussion Problems with answers. Mathematics Year 1: (1M3) Recognise and know the value of different denominations of coins and notes. About this Resource. This resource has been designed for pupils who understand the concepts within this step.
This helpful small-step planning document will give you an overview of children's learning and understanding of money in year 1, shown as a journey of progression and fitting within the national curriculum aims for maths. ... PlanIt Maths Year 2 Problem Solving Lesson Pack 1: Finding All Possibilities - Triangle Totals. PlanIt Maths Year 2 ...
Here's a more detailed explanation of how we make money . ... and it doesn't address the real problem. ... which is 250 uses per year. The purchase would pass the $1 rule in less than two ...
Greater Depth Find all of the possible ways to make an amount of money using up to 4 coins. This resource is available to download with a Taster subscription. Step 1: Recognising Coins Year 1 Resource Pack includes a teaching PowerPoint and differentiated varied fluency and reasoning and problem solving resources for Summer Block 5.