Store your resources in your very own folder.

Sign in or sign up today!

Find out more

Money Matters

Add to My Folder
This item has 3 stars of a maximum 5

Rated 3/5 from 2 ratings (Write a review)

By Teresa Saunders

Money Matters is a virtual magazine about money, containing articles about earning it, winning it, stealing it and giving it away! It also includes money facts, history and common sayings.

Pages can be accessed in any order by clicking on the title screen menu, or by turning the pages to read in order. Children can explore each page for hot spots to click which will open up additional information and images.

moneymatterspiggybank.jpg

Shared teaching and learning

Before reading

  • Find examples of pre-decimal coinage, and, if possible, old adverts with prices in pre-decimal money. Make posters of the imperial coin values and their decimal equivalents.
  • Find out if the children know any sayings about money, and discuss why money features in common sayings.
  • What would the children do if they had lots of money?
  • What jobs do the children think pay the most money?
  • Discuss what sorts of article you might find in a magazine about money. Do the children think they would find this kind of magazine interesting?
  • Read the title page together, establish how to navigate the site and choose an article to start with.

Shared reading

  • Navigate round the articles, reading each part of the magazine and allowing time for discussion. Highlight key words and phrases in each article, and record as notes to summarise the content. Discuss and record the meanings of unfamiliar words.
  • Note the different features of each article and relate to the type of text – eg, Rich kickings is a report, written in the present tense, and is impersonal; Hitting the jackpot consists of direct speech as quoted by fictional lottery winners; Great fund-raisers is biographical and written in the third person and past tense.
  • Discuss what the sayings mean.

Further reading

Show Me the Money Alvin D. Hall (Dorling Kindersley, 978 14053 21891). A treasure trove of advice about finance for children – from how money works, its history to how it grows.

Group activities

Speaking and listening

  • In pairs, prepare a brief summary of one of the articles, using the notes recorded from the screen. Allow the children time to rehearse their presentations before delivering them.
  • Re-read the articles on screen and evaluate the presentations. Did the presenters convey the most important information? Discuss how the note taking could be improved so that important parts of the articles are included.
  • Consider whether football stars deserve the money they make. Invite children in pairs to prepare a short speech presenting their point of view. Encourage them to refer to the facts and figures on screen in supporting their opinions.
  • Give the children a few moments to prepare a couple of sentences in role as lottery winners, telling Money Matters magazine what winning £1 million has meant to them – good or bad. Read the statements in Hitting the jackpot, and ask each child to continue the article by adding their own statements.
  • Discuss whether decimalisation made things easier and better or whether, like Teresa Saunders, they think old money would be more interesting. Ask each group to report their decision back to the class, referring to the information in the article Metric madness.

Ideas for writing

  • Write a persuasive argument supporting the view either that football stars earn too much money, or that they deserve their earnings.
  • Use the lottery winners’ quotes as a model for punctuating direct speech, and write more comments in role as winners to extend the article.
  • What charity would you like to support? Ask children to write about who they would give money to if they had millions, and why.
  • Try inventing some rhyming slang for decimal money – or for any other currency the children know.
  • Find out more about the Great Train Robbery or one of the other famous heists. Write an account of the events in role, either as one of the robbers, or as a policeman investigating the crime.
  • Use the activity sheet below to explore further the meanings of the money sayings.

Literacy Framework

See the Using this issue chart “here” to identify the Learning Objectives covered by these activities, to track progression from Year 2 through to Year 5, and to identify links with Year 3 and 4 Literacy Planning Units.

Links to numeracy

  • Set up a shop with prices in pre-decimal money. Set money problems for children to solve using the old coinage.
  • Invite the children to convert prices in decimal money to imperial, and from imperial money to decimal.

Plenary

  • Discuss which articles were the most interesting and why. Encourage children to discuss the style, level of formality and voice of each article as well as content.
  • Why is money such an interesting topic of discussion?

Reviews