Basic Money Practice Test for 1st Grade – [Hard]

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    Ah, money! While we adults may find ourselves often musing over it, have you ever wondered how your first-grader perceives it? At Brighterly, we believe in introducing fundamental concepts like money right from the early years. It’s not just about coins and paper bills, it’s about the value, math, and a bit of history too!

    Why Learn About Money in 1st Grade?

    When children are introduced to the concept of money in 1st grade, it isn’t just about counting coins. It’s a holistic approach to understanding value, making choices, and beginning to comprehend the marketplace that exists around them. Think about it: children observe transactions almost every day, whether at a grocery store, a toy shop, or even online. Introducing them to money concepts provides them with clarity and context about the world they’re growing up in.

    Fun Ways to Introduce Money

    At Brighterly, we have curated a range of activities that make learning about money both fun and educational:

    • Storytelling: Using relatable characters and everyday situations, we narrate tales that subtly introduce the concept of spending, saving, and sharing. Stories can make abstract ideas like “value” more concrete for young minds.

    • Coin Sorting: Let’s get tactile! Children love sorting, and using real coins can make them familiar with different denominations and their relative values.

    • Role-playing: Setting up a mini-market or a toy shop where kids can ‘buy’ and ‘sell’ can be a blast! It not only enhances their understanding of money but also boosts their social and negotiation skills.

    The Math Behind Money

    Money, at its core, is math. And what better way to hone those budding math skills than through money exercises? Through our specially designed Brighterly math modules, children learn:

    1. Counting: Recognizing and counting different coins and notes.
    2. Addition & Subtraction: Making sense of change and the basics of transactions.
    3. Multiplication: Understanding the concept of ‘times’ as in ‘How many times can this coin fit into that bill?’

    A Historical Glimpse

    Money has a rich history. From barter systems to the shiny coins and the crisp notes, the way we transact has evolved considerably. At Brighterly, we believe that giving children a slight glimpse into this history can be both entertaining and educational. Imagine the amazement when they learn about ancient civilizations using shells or stones as money!

    In conclusion, introducing money in the 1st grade is about laying a foundation. A foundation that not only equips them with practical knowledge but also provides a broader perspective on value, history, and the world around them. Dive into our money-themed modules and watch your child embrace the world of money with curiosity and joy!

    Basic Money Practice Test

    Get ready for math lessons with Brighterly! Crafted with precision at Brighterly, this test challenges young minds to stretch their boundaries and delve deeper into the intricacies of money math.

    1 / 17

    How many quarters make up $1.75?

    2 / 17

    If you buy a toy for $1.20 using a $5 bill, how much change will you receive?

    3 / 17

    How many nickels make up two dimes?

    4 / 17

    If you have three dimes, four nickels, and two pennies, how much money do you have in total?

    5 / 17

    Which combination of coins equals 65 cents?

    6 / 17

    How much more is a quarter than two dimes?

    7 / 17

    If you have five $1 bills and eight quarters, how much money do you have?

    8 / 17

    Which is the largest amount?

    9 / 17

    If a toy costs $2.15 and you pay with a $5 bill, how many quarters will you receive in your change?

    10 / 17

    Which set of coins will NOT make 75 cents?

    11 / 17

    If an apple costs 20 cents and a banana costs 15 cents, how much will three apples and two bananas cost?

    12 / 17

    Which amount is smallest?

    13 / 17

    If a candy bar is 60 cents and you pay with three quarters, how many cents is your change?

    14 / 17

    Which group of coins equals $1.10?

    15 / 17

    How much more is 3 quarters than 5 dimes?

    16 / 17

    If a toy car costs 95 cents and you pay with $2, how much change will you receive?

    17 / 17

    How many nickels would you need to exchange for two quarters?

    Your score is


    Poor Level
    Weak math proficiency can lead to academic struggles, limited college, and career options, and diminished self-confidence.
    Mediocre Level
    Weak math proficiency can lead to academic struggles, limited college, and career options, and diminished self-confidence.
    Needs Improvement
    Start practicing math regularly to avoid your child`s math scores dropping to C or even D.
    High Potential
    It's important to continue building math proficiency to make sure your child outperforms peers at school.

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