- Understanding the concept of money and its value
- Counting and adding money
- Calculating the total cost of the food items
- Determining the amount of change received
- Practicing mental math skills
Continued development can include:
- Introducing more complex transactions involving tax and discounts
- Exploring different currencies and their exchange rates
- Playing math games that involve money and change
- Encouraging the child to budget and plan for future purchases
- Teaching the child about financial responsibility and saving money