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Why Learning Money & Percentages is So Important – and Why Many Children Struggle
Understanding money and percentages is a vital life skill that helps children make smart financial decisions, from calculating discounts to managing savings. Yet, many students find these concepts challenging.
Why Are Money & Percentages So Important?
Helps with real-life decisions like budgeting, shopping, and saving Builds confidence in handling money independently Supports problem-solving and logical thinking skills Prepares children for future financial responsibilities
Why Do So Many Children Struggle?
Abstract Concepts – Percentages aren’t always tangible, making them tricky to grasp Multi-Step Calculations – Many problems require a mix of multiplication, division, and subtraction Lack of Real-World Practice – Without hands-on experience, numbers can feel meaningless Math Anxiety – Many students lack confidence, making problem-solving even harder
How Can We Help?
Use real-life examples like shopping discounts and savings goals Practice with hands-on activities like playing shop or tracking pocket money Break problems into smaller steps to build understanding and confidence
Can Your 5th or 6th Class Child Solve These Math Problems?
Understanding maths isn’t just about memorising numbers—it’s about applying them to real-life situations! Here are three problem-solving questions, ranging from easy to more challenging, that 5th and 6th class students should be able to tackle.
Give them a go and see how you do! 
(Easy) A simple sharing problem
(Medium) A percentage challenge
(Difficult) A money and percentage problem
At Kip McGrath, we make learning money and percentages fun, practical, and easy to understand. If your child finds these topics tricky, we’re here to help!
Questions and Answers: