Grade 5 · Math

Topics · Money

Money moves

How money travels — cash, cards, transfers — and how to estimate the cost of a whole basket.

Knowing where money goes is the first money skill.

More ways into this idea

Common sticking points

  • A common sticking point is forgetting the quantity: 3 notebooks at $2.40 cost 3 × $2.40, not $2.40.
  • Another is treating a tax RATE like a dollar amount. 10% tax on $20.00 adds $2.00 — a slice of the price, not $10.

Try this together

Pretend you have $20 for a picnic. Write four fictional choices: fruit $5, drinks $4, sandwiches $8, treat $6. Can you choose three and stay under $20? Can you make a different plan that also works?

1–5 minutes, no materials to buy, nothing to hand in.

Ontario curriculum details

  • F1.1Describe ways money can be transferred
  • F1.2Estimate and calculate the cost of transactions

Plain-language summaries. See the full curriculum for every expectation and the official source.