# Tag Archives: money

Money is one of those things we all need to understand to be able to participate fully in life as we know it. I think it becomes more difficult for children to understand the value of money as we move towards a cashless society, but maybe that’s because I grew up pre-cards of any kind. Now many children only see transactions made with cards or even phones and watches. Many will have no need to enter a physical bank to deposit or withdraw funds or for any other reason. It is all done online. Perhaps learning about coins and notes will one day be relegated to history lessons, but for now I think it is still important for children to learn about them and their value and they still feature in the Curriculum. For this reason, I have made some resources to support your teaching of young children about our Australian coins and their value. (Lessons about notes will be added later.)

Australian coins helps children learn to recognise, identify and describe the coins according to colour, shape and size, and the identifying icon on the tails side. Additional information is provided about the Australian animals and icons featured on the tails side of each coin. This lesson is ready to teach on the interactive whiteboard.

Australian Coins – Let’s count \$1 gives children practice in counting collections of coins to \$1.

There are three separate sections which can be used over a series of lessons.

1. Count groups of coins of the same value that equal \$1.
2. Count collections of different coins that equal \$1.
3. Make collections of coins to equal \$1.

These lessons are interactive and ready to teach on the interactive whiteboard.

Count Coins to \$1 is a dice game that gives students practice in

• recognising and naming coins
• counting the value of coins to \$1
• comparing the value of coins.

It is a perfect game for maths groups to follow-up lessons with Australian Coins and Australian Coins Let’s count \$1.

# #WATWB Why put bumps on a \$50 note?

We’ve arrived at the end of another month. How do they pass so quickly? But one good thing about the end of another month is that, on the last Friday, bloggers all over the world, through We Are the World Blogfest, join together in promoting positive news.

#WATWB says, “There are many an oasis of love and light out there, stories that show compassion and the resilience of the human spirit. Sharing these stories increases our awareness of hope in our increasingly dark world.”

This month I want to share Information about the new Australian \$50 note. This might seem like a strange story for #WATWB, but it’s not. It’s perfect, and here’s why.

The new note has bumps on it to assist visually impaired persons recognise what notes they are handling. The idea for the bumps came from a blind twelve-year-old boy (now seventeen) who was given money for Christmas but was unable to tell how much he had. Tactile features are also incorporated into the \$5 and \$10 notes.

Click to read the whole article: New \$50 note as advanced as any currency in the world.

As with others, this story shows the difference that one person can make, whatever their age.

I found the article through Jens and his amazing website Creative Spirits, an exploration of Australian Aboriginal Culture. His story is also a positive one.

Below is a brief introduction to his site.

If you would like to join in with #WATWB and share positive news, these are the guidelines:

1. Keep your post to Below 500 words, as much as possible.

2. Link to a human news story on your blog, one that shows love, humanity, and brotherhood. Paste in an excerpt and tell us why it touched you. The Link is important, because it actually makes us look through news to find the positive ones to post.

3. No story is too big or small, as long as it Goes Beyond religion and politics, into the core of humanity.

4. Place the WE ARE THE WORLD badge or banner on your Post and your Sidebar. Some of you have already done so, this is just a gentle reminder for the others.

1. Help us spread the word on social media. Feel free to tweet, share using the #WATWB hashtag to help us trend!

Tweets, Facebook shares, Pins, Instagram, G+ shares using the #WATWB hashtag through the month most welcome. We’ll try and follow and share all those who post on the #WATWB hashtag, and we encourage you to do the same.

The co-hosts for this month are: Eric Lahti, Inderpreet Uppal, Shilpa Garg, Mary Giese and Roshan Radhakrishnan.

Please pop over to their blogs to read their stories, comment and share.

Click here to join in and enter the link to your post. The bigger the #WATWB group each month, the greater the joy!

# Can I keep the change?

This week at the Carrot Ranch Charli Mills has challenged writers to In 99 words (no more, no less) write a story about a rattling sound.

Charli mentioned a variety of rattling sounds:

• Hail – “Balls of ice the size of frozen peas” rattling on her RV

(Here’s a video of some pea-sized hail dancing in my garden recently.)

• Political divisions and discussions, with each side clamouring to be heard but only sounding “like discordant hail on a fiberglass roof”

(Remember that saying about “Empty vessels make the most noise?”)

• The saber-rattling incident in Chilean history “when a group of young military officers protested against the political class and the postponement of social measures by rattling their sabers within their scabbards.”

In her prompt, Charli suggests that the rattling sound could be “an intimidating sound of protest, a disorienting loud sound, a musical expression or a gentle baby’s toy.”

I thought of the rattle of coins – reasonably familiar in my childhood, less so now.

When I was a child, most transactions involved the use of cash – notes and coins. Back then, before the introduction of decimal currency just over fifty years ago, we had pounds, shillings and pence.

Decimal currency certainly made calculations easier but, though I remember my mother occasionally writing a cheque, transactions were still made mainly with cash.

I am from a large family and the finances didn’t stretch to pocket money. However, I do remember the occasional threepence to spend at the shop beside the school. I think they may have been gifts from the “tooth fairy”. How we agonised over which sweets to buy – maybe a rosy apple, four aniseed balls and some musk sticks.

Occasionally we might find a coin in the sand at the playground or beach, or be gifted one or two from an aunt, uncle or grandparent. Sometimes, when sent to the shop for bread or milk, we’d ask if we could keep the change. Sometimes the answer was “Yes”!

Although the anticipation of a purchase was heightened by the sound of a couple of coins jingling in a pocket or purse, we were also keen on saving them toward future desires.

The money box most of us had back then was a tin replica of the Commonwealth Bank’s head office in Sydney.  The clink of coins being added to the box was music to our ears, as was their rattle as we shook it to determine how full it might be and how much we may have saved.

The trouble with these money boxes was twofold:

1. It was impossible to do anything with them quietly, and
2. It was practically impossible to extricate any coins once they were in. The tins could only be opened with a tin opener! Sometimes, with the right tool, the opening could be widened and one or two coins could be removed, but the shaking and rattling required was a real give-away.

How different it is for children today. Not only are many transactions made using credit or debit cards, many purchases are made online. No cash, no “money” is seen to exchange hands.

Nonetheless, it is still important for children to understand monetary values and to be able to calculate the cost of items. I think it is good for children to have pocket money for which they can make decisions regarding spending or saving. The ability to save up for something, to delay gratification, is an important part of maturation. I wonder how many of today’s children are sent to the store on their own and, if so, whether they can keep the change.

The use of technology means that even cashiers (is that term also becoming outdated, like hanging up the phone?) are no longer required to calculate. The register does that for them. Yes, they do have to count out the change, but that involves little calculation.

With the changing values, too, Australia no longer has one or two cent coins. Five cents is the lowest denomination, and I doubt that a child could buy anything with just one, not even an aniseed ball or a musk stick. I wonder how long before it too disappears.

While online shopping, and paying with cards and phones is becoming commonplace, it is still important for children to handle, recognise, and become familiar with money. They need to be able to compare the value of coins and notes, and perform calculations with them. It is important for children to realise that a greater number of coins doesn’t necessarily mean more money.

The images on the coins and notes also provide an opportunity for learning about our Australian animals and significant people and events in our history. Perhaps in the lifetimes of today’s children, coins and notes will go the way of our Imperial currency and become simply items in a museum and history lessons.

For my response to Charli’s prompt, I have gone back to the days of coins rattling in pockets and money boxes, when thinking of the wonderful things that a few coins could buy was pure delight.

Can I keep the change?

With the string bag slung over his shoulder and the purse clutched tight, he was on his first big boy errand. And, he could keep the change. He rattled the purse. What possibilities awaited. Should he hurry to get the money, or dawdle and contemplate? Regardless, he got there soon enough.

He handed the purse to Mrs Kramer, who extracted the list and gathered the items. As she counted the coins into the till, he announced, “I can keep the change.” She peered over her glasses, then held out one large brown coin. He trembled: what could he choose?