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Year 1

How much money have I got?

I know the value of some coins and how they can be combined to make the same or different amounts.

icon-background-square
New
New
Year 1

How much money have I got?

I know the value of some coins and how they can be combined to make the same or different amounts.

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Lesson details

Key learning points

  1. There are one-penny coins, two-pence coins, five-pence coins and ten-pence coins.
  2. A combination of different coins can be used to make the same total value.

Keywords

  • Coin - A coin is a small flat piece of metal used as money.

  • Value - The value of something is how much it is worth in money or other things for which it can be exchanged.

  • Penny/pence - A penny is a small British coin and unit of money. There are 100 pence in one pound.

Common misconception

Children might think that the value of their coins has to be greater than 20 to be the closest. For example, they might consider 23 p to be closer to 20 p than 18 p.

Encourage the use of a number line to see which is closest by finding the difference.


To help you plan your year 1 financial education lesson on: How much money have I got?, download all teaching resources for free and adapt to suit your pupils' needs...

Give children plenty of time to play the game so that you can guide the learning from the gameplay rather than using it as an extra fun task.
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Equipment

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Content guidance

  • Depiction or discussion of sensitive content
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Supervision

Adult supervision recommended

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Licence

This content is © Oak National Academy Limited (2025), licensed on Open Government Licence version 3.0 except where otherwise stated. See Oak's terms & conditions (Collection 2).

Lesson video

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6 Questions

Q1.
Which of these coins has the smallest value?
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
An image in a quiz
Q2.
Which of these coins is worth the most?
An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
Q3.
What is value?
How heavy something is.
Correct answer: How much money something is worth.
How many there are.
Q4.
This coins is worth " "
An image in a quiz
Correct Answer: 2 p, 2, 2p, 2 pence
Q5.
Which coins would have a total of 8 p?
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
Q6.
True or false. Bigger coins are worth the most.
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True
Correct answer: False

6 Questions

Q1.
Which of these has a value of 2 p?
Correct Answer: An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
An image in a quiz
Q2.
Which of these have a value of 5 p?
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
Q3.
Which of these have a value of 10 p?
Correct Answer: An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
Correct Answer: An image in a quiz
An image in a quiz
An image in a quiz
Q4.
How many 2 p coins have a value of ten pence or 10 p?
3
4
Correct answer: 5
6
Q5.
What is the total value of these coins?
An image in a quiz
Correct Answer: 12 p, 12, 12p, 12 pence
Q6.
Who has more money. Laura (top) or Jun (bottom)?
An image in a quiz
Correct answer: Laura
Jun