April Theme: Math in Money
The world of money includes banking, accounting, spending, budgeting, and saving. Math skills are essential to managing your money wisely now and over time. Aside from basic addition and subtraction, long term planning involves higher levels of math as well, as it requires identifying patterns and trends. Financial literacy will allow you to act with confidence when buying groceries, building credit, planning a trip, or saving for college.
Learning to manage money can be a challenge. This month our sponsor, Fidelity Investments, is hosting financial literacy workshops to help families learn how money works with activities on earning, spending, saving, and investing. There are lots of videos and other resources to check out on your own, too.
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Thank you to this month’s sponsor:
Math Talk
Topic: Money Math and More.
How do you feel about money? Does is motivate you? Does it make you anxious? Money is more than credits and deductions to your bank account. The way you feel about money is developed over time from the first time you were handed a quarter or maybe the first time you asked to buy something at the store. Financial literacy is your ability to develop healthy feelings about money and confidence in smart spending, saving, and planning of your money.
Try it! Estimations
Counting money involves complex number sense skills as students are usually taught to organize coins, counting from the highest value to the lowest value. This method involves counting by 25s, then switching to counting by 10s, then counting by 5s and finally counting by 1s. As many ways as we learn to count, we can learn to count money. Often we “skip count” money, which works to a point. Below are a few suggestions on practicing to count coins. View ideas for counting coins Here.
Many adults have a challenged relationship with money. If this is true for you, you may have a hard time teaching financial literacy to your children. Foundations to financial literacy can be learned at any time, HERE are some exercises you can practice at home.
Math in Money Events
The Julia Robinson Math Festival scheduled for Saturday, April 13 has been canceled by the organizers. We apologize for any inconvenience.
Sunday, April 21, 2019, 2-4pm
Look for a math activity at Explora from 2-4pm today hosted by 12 Months of Math.
Fidelity Investments Financial Literacy Workshops
Saturday, April 27, 2019, 1-3pm
What children know about money at a young age can shape the way they manage money in adulthood. Join Fidelity Investments in an interactive learning day designed to teach kids and families how money works and why financial literacy is an essential life skill. Fidelity Investments associates will present age appropriate activities on earning, spending, saving, and growing money along with interactive finance exhibits.
Workshops for elementary school students will be offered. Caregivers are encouraged to attend with their children. Register here
Location: Explora – 1701 Mountain Rd NW, Albuquerque, NM 87104
Math in Money Activities
College Budget Template
College money worries? Make money and save money with this free college student budget template shared with us by OneClass.com. Learn how to keep within a budget and manage debt while attending college. Follow the instructions found here: College Student Budget Template
Math in financial literacy is money management and so much more.
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Accountant
- Loan officer
- Bank teller
- Investor
- Retirement planner
- Economist
- Buyer
- Inventory specialist
- Import/exporter
Central New Mexico (CNM) offers a dual credit course for high school students in and around Albuquerque, NM. Learn more
Learn how these professionals use math in their careers:
Thanks to our Title Sponsors:
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12 Months of Math, a project of STEM-NM, is a city-wide initiative designed to explore and celebrate math’s importance to our community and in our lives. 12 Months of Math will provide community-based, culturally-relevant, multilingual family math programs for the public. Each month of math will focus on a selected theme and will provide math activities in a real-world context, supported by local business and organizations whose work relates to the month’s theme. 12 Months of Math brings together the varied expertise of partner organizations and coordinates efforts to bring about significant improvement in children’s math outcomes.
STEM-NM is New Mexico’s nationally-designated STEM Learning Ecosystem, working to increase the prosperity of our community by engaging students and preparing them for jobs in our local science, technology, and health care sectors.
This material is based upon work supported by the National Science Foundation under Grant No. 1744541. Any opinions, findings, and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the National Science Foundation.
12 Months of Math is looking for math events and opportunities to engage New Mexico families. If you would like to share math information with us please fill in this contact form.
