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    Money Worksheets Explained:

    Money worksheets for grade 3 are particularly created for students to excel in the basics of financial management. The following concepts are covered in the third grade money worksheets:

    • Money in words (numbers to words and vice-versa) - In this concept, students are encouraged to express monetary amounts in words. This lets the students learn about currencies and determine the place value of digits in a specific amount of money.
    • Counting money - This concept helps the students to comprehend concepts like ordering money, adding and subtracting money, comparing notes and counting coins.
    • Word problems related to money - To solve these word problems, students are required to understand basic addition and subtraction operations just so that they are able to perform various calculations on different currencies like dimes, cents, nickels, and pennies.

    The grade 3 money worksheets provide a clear picture of different money denominations to help students master the fundamentals of math as well as achieve financial literacy.

    Benefits of Money Worksheets:

    The money worksheets for grade 3 are especially created for the students to teach math fundamentals and financial literacy. With the help of these worksheets, students will understand the value of different currency denominations, counting coins and bills, and even the concepts of expenditure and savings. Practicing these worksheets also boosts mental calculation skills. The following third grade money worksheets will give students an idea on the following concepts:

    • Counting money - This concept helps the students to make smart spending decisions. There are many instances in our everyday life where having a solid knowledge of counting money comes in handy like when considering the cost of buying and selling items like cars, houses, food, clothes, or even lending or borrowing a specific amount of money as a loan. Students can perform calculations faster by practicing these problems on a daily basis.
    • Money in words (numbers to words and vice-versa) - In this section, students need to express monetary amounts in words and or express words as numerals, in the standard notation. It also creates a strong basis for number sense and assists students in recognising various monetary amounts. 
    • Word Problems related to money - These worksheets expose students to a variety of word problems, which helps them develop their logical thinking skills and problem-solving abilities. BYJU'S Math offers a wide range of worksheets related to money in which the students can choose the complexity of the problems depending on their understanding of concepts.

    Three different levels of difficulty are offered for each worksheet on money for 3rd graders: easy, medium, and hard. The level of difficulty can be selected depending on the proficiency of the student in problem-solving and the overall grasp of the concept of money and working on different operations related to this concept.   

    Printable PDFs and Online Worksheets:

    The printable PDF money worksheets for 3rd grade can be solved offline once downloaded from the BYJU’S Math website. This will give the students ample scope to solve the worksheet problems without any time limit attached. These PDF worksheets are easy to download and work on. The interactive worksheets for 3rd grade students are solved in an online mode. Online worksheets are timed and will encourage the students to participate in such time bound activities in the future. Students are also able to instantly obtain the solutions for these worksheets in the online mode.

    Frequently Asked Questions

    In math, money is defined as a means of exchange such as bills, coins, and demand deposits that are used to purchase goods and services. Money is used to pay the worth or price of an item or service.

    25 cents make up one quarter.

    Talking to the students about money at a young age can help them learn the value of money, how to save money for the future and making smart financial decisions. Financial literacy will surely increase the capacity of students to handle their finances.

    For students in grades 1 to 4, BYJU’S Math money worksheets are very helpful. By completing the worksheets, they can improve their logical and reasoning abilities, and gain a solid understanding on the fundamentals of financial management.

    A subscription is not required to access BYJU’S Math worksheets as all the worksheets are absolutely free to use.