Boost your child's financial literacy with our engaging Money Calculation Skills Worksheets for ages 7-9! At Kid’s Academy, our expertly designed worksheets provide young learners with fun, interactive activities to build essential money calculation skills. Through practical exercises, kids will learn to recognize coins, add and subtract money, make change, and solve real-life problems, fostering confidence in managing finances. Each worksheet supports early math development while making learning enjoyable. Start now and give your child the tools they need for a financially savvy future. Visit our website for more resources and start your educational journey today!


Check out this FREE "Money calculation skills" Trial Lesson for age 7-9!

2 Step Subtraction Word Problems Using Drawings to Write Equations

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With answer key
Interactive
  • 7-9
  • Money calculation skills
Garage Sale Worksheet
Garage Sale Worksheet

Garage Sale Worksheet

Help Jerry at his garage sale! With this worksheet, your child can practice subtraction word problems with multiple subtrahends. They'll read the problem, identify important info, circle the equation and solve it. Let your little math star have fun while helping Jerry out!
Garage Sale Worksheet
Worksheet
Tally Chart: At the Toy Store Worksheet
Tally Chart: At the Toy Store Worksheet

Tally Chart: At the Toy Store Worksheet

Kids Academy has a fun worksheet to help kids practice counting and using tally marks! They can think about the number of toys and compare them. At the bottom, help them answer the questions about the toys on this math page. It's an easy way to learn that one tally mark equals one item.
Tally Chart: At the Toy Store Worksheet
Worksheet
Car Shop Subtraction Worksheet
Car Shop Subtraction Worksheet

Car Shop Subtraction Worksheet

Encourage your kids to practice addition and subtraction with this worksheet. Read the word problems aloud, help them solve and check the answer from the provided options. With enough exercises and guidance, this task should be fairly easy.
Car Shop Subtraction Worksheet
Worksheet


Developing money calculation skills in children aged 7-9 is crucial for multiple reasons. Firstly, mastering basic money math lays the foundation for financial literacy, a vital life skill. Understanding concepts like addition, subtraction, and even basic multiplication and division through the context of money makes these abstract ideas more concrete and practical. This encourages children to see the relevance of mathematical skills in everyday life.

Secondly, learning to calculate money helps children grasp the value of money and concepts of budgeting, which are important for making informed choices in their daily lives. When children can understand that money is a finite resource, they begin to comprehend the importance of saving and spending wisely. A child who can calculate the total cost of items and determine if they have enough money to make a purchase is already practicing fundamental decision-making skills.

Moreover, these skills promote independence and self-confidence. Being able to handle small financial transactions, like buying a snack or a toy, empowers children and gives them a sense of responsibility.

Lastly, in an increasingly digital world, understanding money math also includes recognizing values in digital formats, fostering an early adaptability to various financial tools and platforms they’ll use in the future. Therefore, equipping young minds with money calculation abilities becomes an investment in their ongoing personal and financial growth.