Multi-Step Word Problems With Money: Addition And Subtraction Only
Subject: Math
Grade: Fourth grade
Topic: Money

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Introduction to Money Math – Learn about bills and coins – Identify different values of money like $1, $5, $10 bills and coins. – Daily uses of money – Buying groceries, saving in a piggy bank, or paying for a school lunch. – Multi-step word problems – Problems that require more than one step, like buying and getting change. – Solving problems step-by-step | This slide introduces students to the concept of money through familiar bills and coins, and how it’s used in everyday life such as shopping or saving. It also introduces multi-step word problems, which are mathematical problems that require more than one operation (addition or subtraction) to solve. The goal is to help students understand that these problems are like stories that need to be solved step-by-step. Encourage students to think of times they’ve used money and to share their experiences. This will set the foundation for solving more complex word problems involving money.
Adding Money: Counting Bills and Coins – Learn to add bills and coins – Example: $5 bill and two $1 bills – If you start with $5 and add $1 twice, your total is $7 – Practice with a partner – Find a classmate, take turns adding different money amounts – Understand total value – Adding money helps us know how much we have to spend or save | This slide introduces the concept of adding money using bills and coins, which is a practical skill for everyday life. Start by explaining that money comes in different denominations and that adding them together helps us know the total value we have. Use the example provided to illustrate how to add bills of different values. Encourage students to practice with a partner to reinforce the concept. Provide them with various scenarios involving different bills and coins to add. This activity will help students become more comfortable with handling money and improve their addition skills. Make sure to walk around the classroom to assist pairs as needed and to check for understanding.
Subtracting Money – Understanding money subtraction – Example: $10 – $3 toy purchase – If you start with $10 and spend $3, subtract to find the balance. – Calculate remaining money – Use subtraction: $10 – $3 = $7 left. – Class practice activity – Work on problems together to master money subtraction. | This slide introduces the concept of subtracting money, which is a practical skill for everyday life. Start by explaining that when we spend money, we subtract the amount spent from what we have. Use the example provided to show how to subtract the cost of an item from the starting amount to find out how much money remains. $10 – $3 equals $7 remaining. During class practice, provide various money subtraction problems and guide students through solving them. Encourage students to think about real-life situations where they need to subtract money, such as buying food or toys. This activity will help solidify their understanding of subtraction in the context of money.
Solving Multi-Step Money Problems – Understand multi-step problems – Steps: Identify, Plan, Solve, Check – First, figure out what you need to find. Next, decide what operations to use. Then, do the math. Finally, look over your work. – Example: Snack and drink purchase – If a snack costs $2 and a drink is $1.50, add them to find the total cost. – Practice with real-life scenarios – Use examples like buying school supplies or saving allowance. | This slide introduces students to the concept of multi-step word problems involving money, specifically addition and subtraction. Start by explaining that solving these problems involves several steps, not just one. Emphasize the importance of understanding the problem first, then planning how to solve it by deciding which operations to use, solving the problem, and finally checking to make sure the answer makes sense. Use the provided example to illustrate these steps in a context familiar to fourth graders. Encourage students to practice by thinking of similar situations they might encounter, like combining costs of different items at a store or managing their allowance. This will help them apply math skills to real-world situations.
Solving Multi-Step Money Problems – Read the problem carefully – Break down the steps involved – Identify what you need to find out and the operations required – Solve each step sequentially – Tackle each operation: subtraction or addition – Example: Spending your $20 – Bought a book for $7, a game for $8. Calculate remaining money from $20. | This slide is aimed at guiding students through the process of solving multi-step word problems involving money. Emphasize the importance of understanding the problem by reading it carefully. Encourage students to write down the steps they need to take to solve the problem, which could include identifying the total amount of money, the cost of items, and what needs to be added or subtracted. Walk through the example problem by demonstrating how to subtract the cost of the book and the game from the starting amount. This will help students see how to approach similar problems. In class, provide additional practice problems and encourage students to explain their reasoning for each step they take.
Group Activity: Let’s Shop! – Engage in ‘buy’ and ‘sell’ role-play – Use play money for transactions – Solve multi-step word problems – Calculate total costs, change, and combine transactions – Present solutions to the class | This interactive group activity is designed to help students apply their understanding of addition and subtraction in the context of money. By using play money to simulate buying and selling, students will face real-world scenarios that require them to solve multi-step problems. Encourage each group to work together to calculate the total costs, change to be given, and to combine transactions where necessary. After solving their assigned problems, groups will present their solutions and explain their thought process to the class. This will not only reinforce their math skills but also improve their communication and teamwork. Possible activities include setting up a small marketplace, a pretend restaurant, or a classroom shop where students can ‘purchase’ items with their play money.
Class Activity: Solving Money Scenarios – Solve multi-step money problems – Use addition and subtraction – Calculate money left or needed – Share solutions with the class – Discuss the steps you took to find the answer | This activity is designed to enhance students’ problem-solving skills with practical money scenarios using addition and subtraction. Provide each student with a set of word problems involving money calculations. Encourage them to carefully read each problem, identify the required operations, and solve step by step. After solving, students will share their answers and explain the methods they used to arrive at their solutions. This will foster a collaborative learning environment where students can learn different approaches to problem-solving. Possible activities include calculating change after purchases, budgeting for a small event, or figuring out the total cost of items bought and money remaining. Ensure to walk around the classroom to assist any student who might be struggling and to confirm the accuracy of the solutions.
Review and Reflect: Multi-Step Money Problems – Recap on solving money problems – Discussing challenges faced – Share any tricky parts in today’s problems – Strategies to overcome difficulties – Did we use estimation, or break problems into smaller steps? – Homework: Craft & solve a money problem – Create a real-life scenario involving money, add & subtract | This slide aims to consolidate the day’s learning by reflecting on the process of solving multi-step money problems. Encourage students to think about the steps they took to solve the problems and to discuss any difficulties they encountered. Facilitate a conversation on how they addressed these challenges, such as using estimation or breaking the problems down into simpler parts. For homework, students should apply what they’ve learned by creating their own multi-step money problem, ensuring it involves both addition and subtraction, and then solving it. This will help reinforce their understanding and give them practice in formulating problems, which is a critical skill in mathematics.

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