Year 1 · Money · Summary
Year 1 Money: summary and key words
Part of the Year 1 money chapter. Chapter overview · whole chapter on one page
Chapter summary
| Skill | Method |
|---|---|
| Coins | Each coin has a value. The number on it tells you the value: 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. |
| Notes | The £5, £10 and £20 notes are worth 5, 10 and 20 pounds. |
| Count money | Start with the biggest coin or note. Count on by adding the value of each next one. |
| Different ways | Different coins can make the same amount. Add them up to check. |
| Pay and change | Change = money paid − price. Count on from the price to the money paid. |
Can you…?
- I can name the coins 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2 and say what each is worth
- I can name the notes £5, £10 and £20 and say what each is worth
- I can count coins and notes by starting with the biggest and counting on
- I can find different coins that make the same amount
- I can work out the change when I pay for something
Key terms
- coin
- a small round piece of money, such as 10p
- note
- a piece of paper or plastic money with a bigger value, such as £10
- value
- how much a coin or note is worth
- pence (p)
- the small unit of money; 100 pence make £1
- pound (£)
- the bigger unit of money
- price
- how much something costs
- change
- the money you get back when you pay more than the price
- count on
- add the value of each next coin or note