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It’s National Numeracy day this week and we’re here to celebrate all things maths and money for this year’s theme!
We believe in the importance of financial literacy amongst young people and having the knowledge for yourself and to teach your children. They should be encouraged to learn about money and gain an everyday understanding of money management to help set them up incredibly for future success!
As they start to earn pocket money, get their first part time jobs and even through to adult life – we want to help build a generation that knows about all things numeracy and money management!
If you’re wondering where to start when it comes to education surrounding money, look no further then the icon themselves; our Helix Oxford Maths Set! Not only in the traditional sense, but also in a fun and engaging way you can teach your little ones some tips and tricks to understand money better!
Below are some of our top tips to how each piece of our maths set can help incorporate money management skills into your day to day lives…
📏1.Ruler
How best to use: You can create budgeting charts or spending trackers in your notepad by tracing out your charts and filling in accordingly!
How it helps: By drawing neat columns and rows for categories like income, expenses, savings, and dates you can better visualise your financial habits and clearly see any areas for improvement or saving opportunities.
🧭 2. Compass
How best to use: Draw pie charts to represent your budget.
How it helps: You can divide your income into segments (e.g., rent, food, savings) and see what percentage each category takes up. This is great for visual learners (and also gives you the chance to incorporate some colour coordinating!)
📐 3. Protractor
How best to use: Measure angles in your pie charts accurately.
How it helps: If you want to be precise with your pie chart (e.g., 25% of your income goes to rent = 90°), the protractor ensures your visual data is accurate and easier to instantly interpret.
📏 4. Set Squares (45° and 60°/30°)
How best to use: Draw bar graphs or line graphs to track spending over time.
How it helps: These tools help you keep lines straight and angles consistent, making your graphs easier to read and more professional-looking especially when the goal is to track which area of life you’re spending the most money e.g. socialising, shopping, takeaways etc.
✏️ 5. Pencil
How best to use: Draft your budget or spending plan.
How it helps: You can easily erase and adjust your figures as your financial situation changes – perfect for busy parents who have to regularly adjust and add monthly plans and emergency spends.
🧽 6. Eraser
How best to use: Correct mistakes in your budget or spending tracker.
How it helps: Encourages flexibility and reduces the fear of making errors when planning.
🔍 7. Sharpener
How best to use: Keep your pencil sharp for clear writing and drawing.
How it helps: Ensures your notes and graphs are neat and easy to read, which is important for reviewing your finances and ensures less mistakes or misinterpretations!
🧰 8. Tin Case
How best to use: Store receipts, small notes, or even loose coins.
How it helps: Keeps your budgeting tools and small financial items organized in one place – your favourite maths tin!
For more helpful money tips, visit the National Numeracy day page below! 👇
