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

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

Jessica Kaminski

Updated on September 26, 2023

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!