To help your child develop a better sense of numbers, start with small estimations. Ask your child: How much is $500? How long would it take you to earn it?
To start, have her pretend she makes $5 an hour. How many hours would she have to work to earn $500 or $5,000? (For the answers, she would divide the total earnings by her hourly wage.)
Also have her figure how many days it would take her to earn each amount of money, working a certain number of hours a day. (Suppose she works eight hours a day; she would divide the total number of hours worked by eight.)
Keep using larger numbers, up to a million dollars. How long would it take to make $1,000,000 if she earns $5 an hour working eight hours a day, five days a week, 50 weeks a year?
Also figure different wages. How long would it take if she earned $15 an hour? How long would it take earning $70,000 a year?
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