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# Basic money skills 1

## by Lisa Stack, Special Education Teacher at RCHS on Apr 23, 2013

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Basic Consumer Math Unit 2

Basic Consumer Math Unit 2

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• What does the "\$" symbol on the pig mean?  (the dollar sign - it&apos;s a symbol representing money)What does the pig represent?  (saving.  We will talk about saving a little later.)What kinds of money is there?  (Coins and currency.  Go on to next slide).
• Are there any other forms of money you can think of?  (checks, credit cards, etc)Who is on the dollar bill?  (go on to next slide)
• "If you look at the paper money, it has a picture of a famous American on it.  Do you know who each of these individuals are? If you brought some money into class with you, take a look at it and see what pictures are on the money?  Which of these people have you seen on paper money?"\$1 = George Washington\$5 = Abraham Lincoln\$10 = Alexander Hamilton\$20 = Andrew Jackson\$50 = Ulysses S. Grant\$100 = Benjamin Franklin

## Basic money skills 1Presentation Transcript

• Basic Money SkillsBasic Consumer MathLesson 1 IntroductionMrs. Stack
• Warm Up1. What do we use money for?2. What does this symbol \$ mean?3. What does this symbol ¢ mean?4. What kind of money is there?
• I Can StatementsI can …..• Tell what currency is.• Tell what we use money for.• Tell what these symbols mean \$ and ¢.
• Warm Up Discussion• Click on Blog Post Link for class discussion andanswers.
• Introduction• "Today we are going to begin a lesson aboutmoney. We will learn such things as wheremoney comes from, what money looks like,and what we can do with money.“• Does anyone know what money is?
• What does the "\$" symbol on the pigmean?• What does the pig represent?• http://www.moneyinstructor.com/images/pig.gif
• Currency
• What kinds of money is there?• "Money comes in two forms: coins and papermoney. Does anyone know which is which?• What is the difference between the two?
• Paper Money
• Paper Money• 1 dollar bill = \$ 1.00• 2 dollar bill = \$ 2. 00• 5 dollar bill = \$ 5.00• 10 dollar bill = \$ 10,00• 20 dollar bill = \$ 20.00• 50 dollar bill = \$ 50. 00• 100 dollar bill = \$ 100.00
• CoinsPenny1¢Nickel 5 ¢Dime10 ¢ Quarter 25 ¢
• "You can put money together to make biggermoney. For example:• 5 pennies = nickel• 2 nickels = dime• 2 dimes and 1 nickel = quarter• 4 quarters = dollar
• Coins
• CoinsPennies, nickels, dimes and quarters.Well a penny is one and a nickel is five,A dime is worth ten and a quarter twenty-five.Pennies, nickels, dimes and quarters.Five pennies make a nickel,Two nickels make a dime.Two dimes and a nickelmake a quarter and its mine.Pennies, nickels, dimes and quarters.
• Activity: Add up the Dice• Students pair up in groups of two/three.• Take turns rolling the dice and add up theamount of money rolled.• Record answers.• http://www.education.com/files/77601_77700/77689/play-dice-coin-counting.pdf
• Exit slip QuestionsWord Bank: Penny Nickel Dime QuarterQuarters1. Five pennies make a_____________2. Two nickels make a ____________3. Two dimes and a nickel makea________________4. One cent is a ______________________5. Four ________________ makes a dollar