What this lesson teaches
This activity helps students grasp decimal values and money management. It enhances their mathematical skills through practical application.
Financial Knowledge
Decimal Money Game
Explore fun ways to understand decimals using pretend money!
Duration25 min
Age GroupAges 10–13
DifficultyIntermediate
SubjectFinance
See how this hands-on lesson works
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What you need
- Pretend money or paper notes
- Price tags with decimal values
- Calculator or paper for calculations
- Timer for quick rounds
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How the activity runs
- Gather pretend money or create paper notes of different values.
- Divide players into two teams; each team gets a set amount of money.
- Set up a mini-market with price tags on items using decimal values.
The learning connection
Hands-on games make learning enjoyable and relatable. By using real-life scenarios, students can better connect with decimal concepts.
Try it with your learner
1. Gather your family and the pretend money. 2. Set a timer for 10 minutes. 3. Take turns creating money-related scenarios (like buying items). 4. Use decimal values for transactions and calculate totals. 5. Keep track of each person's money on paper. 6. What did you notice about using decimals in real-life situations?