Provided by Pupils 7 - 11 work sheet FINANCIAL CAPABILITY Victorian Money Challenge We are going to travel back in time to the Victorian Age. Look at the chart, which shows Victorian money and its worth. Pound 20 shillings Shilling 12 pence Penny Two half pennies or four farthings Guinea 21 shillings Sovereign One pound Half a Crown 2 shillings and sixpence Florin 2 shillings Silver Sixpence 6 pence Threepenny 3 pence Now answer the following questions: 1. 2. 3. 4. 5. How many Sovereigns in five Pounds? How many Farthings in a Silver Sixpence? How many Florins in one Pound? How many Pennies in a Florin? I go shopping and see an item priced at one Shilling. I have a Silver Sixpence and ten Half Pennies. Can I buy the item? 6. How many pennies in Half a Crown? 7. Would it be better to have twelve Florins or a Guinea? 8. How many Threepenny coins would be equal to two Shillings? 9. How many Farthings in a Florin? 10.How many pence in a Sovereign? 11. If I had two Guineas and I bought something worth two Pounds, how many Shillings would I get in change? 12.I have four Florins, three Shillings, six Half pennies and eight Farthings. How much do I have altogether in pence? Try to find out what one Pound would buy in Victorian times, and compare to what one Pound would buy today? Is a Pound worth the same now as then? Find out what a loaf of bread would cost then and now. Provided by Nationwide Provided by Pupils 7 - 11 work sheet FINANCIAL CAPABILITY Money Maths These maths problems are all to do with money. They get trickier so do as many as you can. Good luck! 1. Y ou open your money box and you have one £50 note, two £20 notes, four £10 notes, three £5 notes, seven £1 coins, eight 50p pieces and three 2p pieces. How much do you have altogether? 2. Y ou’d like to buy a new CD player and it costs £60. You already have £25 and you get £5 a week pocket money. How many weeks will it take you to buy it? 3. Which of these is the cheapest offer? • £50 with 20% off • £40 with 10% off • £55 with £20 off 4. W hich would be cheaper? 8 individual chocolate bars costing 43p each or a pack of 8 costing £3.39? 5. J o gets £5 a week pocket money. She always saves £2 of it in her piggy bank. When she was 9 she put £100 of it into her brand new savings account. The interest on her account increases by 6% each year and now it’s her 10th birthday. How much money will be in her savings account now? 6. In the supermarket you buy seven carrots at 12p each, five apples at 27p each, six bananas at 15p each and two lemons at 21p each. How much change do you get from a £5 note? 7. M y earnings for tidying my room double with each week so that I earn £1 for the first week, £2 for the second week, £4 for the third week and so forth. How much do I have by the tenth week? By the fifteenth week? 8. Next month I want to buy Christmas presents for six of my friends and want to get them all the same thing. I find a shop selling CDs for £8.95. I have £50 in savings. How much more do I need to save, earn or use my pocket money to get one for each of them? Provided by Nationwide Provided by Pupils 7 - 11 work sheet FINANCIAL CAPABILITY Money Sayings The following proverbs and sayings are all related to money. Explain the meaning of each proverb. 1. A fool and his money are soon parted. 2. Waste not, want not. 3. Making money for old rope. 4. The best things in life are free. 5. In mint condition. 6. In the red. 7. A penny saved is a penny earned. 8. Cut your coat according to your cloth. 9. Bring home the bacon. 10. Chicken feed. 11. If you look after the pennies, the pounds will look after themselves. 12. Pick up the tab. 13. Feel like a million dollars. 14. Money doesn't grow on trees. 15. Born with a silver spoon in your mouth. 16. Break even. 17. Tighten your belt. 18. Nest egg. 19. Pass the buck. 20. Going for a song. Provided by Nationwide
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