Basic Money Skills
Basic Consumer Math
Lesson 1 Introduction
Mrs. Stack
Warm Up
1. 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 Statements
I 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 and
answers.
Introduction
• "Today we are going to begin a lesson about
money. We will learn such things as where
money 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 pig
mean?
• 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 paper
money. 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
Coins
Penny
1¢
Nickel 5 ¢
Dime
10 ¢ Quarter 25 ¢
"You can put money together to make bigger
money. For example:
• 5 pennies = nickel
• 2 nickels = dime
• 2 dimes and 1 nickel = quarter
• 4 quarters = dollar
Coins
Coins
Pennies, 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 nickel
make a quarter and it's 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 the
amount of money rolled.
• Record answers.
• http://www.education.com/files/77601_77700/77689/play-dice-coin-counting.pdf
Exit slip Questions
Word Bank: Penny Nickel Dime Quarter
Quarters
1. Five pennies make a_____________
2. Two nickels make a ____________
3. Two dimes and a nickel make
a________________
4. One cent is a ______________________
5. Four ________________ makes a dollar

Basic money skills 1

  • 1.
    Basic Money Skills BasicConsumer Math Lesson 1 Introduction Mrs. Stack
  • 2.
    Warm Up 1. Whatdo we use money for? 2. What does this symbol $ mean? 3. What does this symbol ¢ mean? 4. What kind of money is there?
  • 3.
    I Can Statements Ican ….. • Tell what currency is. • Tell what we use money for. • Tell what these symbols mean $ and ¢.
  • 4.
    Warm Up Discussion •Click on Blog Post Link for class discussion and answers.
  • 5.
    Introduction • "Today weare going to begin a lesson about money. We will learn such things as where money comes from, what money looks like, and what we can do with money.“ • Does anyone know what money is?
  • 6.
    What does the"$" symbol on the pig mean? • What does the pig represent? • http://www.moneyinstructor.com/images/pig.gif
  • 7.
  • 8.
    What kinds ofmoney is there? • "Money comes in two forms: coins and paper money. Does anyone know which is which? • What is the difference between the two?
  • 9.
  • 10.
    Paper Money • 1dollar 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
  • 11.
  • 12.
    "You can putmoney together to make bigger money. For example: • 5 pennies = nickel • 2 nickels = dime • 2 dimes and 1 nickel = quarter • 4 quarters = dollar
  • 13.
  • 14.
    Coins Pennies, nickels, dimesand 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 nickel make a quarter and it's mine. Pennies, nickels, dimes and quarters.
  • 15.
    Activity: Add upthe Dice • Students pair up in groups of two/three. • Take turns rolling the dice and add up the amount of money rolled. • Record answers. • http://www.education.com/files/77601_77700/77689/play-dice-coin-counting.pdf
  • 16.
    Exit slip Questions WordBank: Penny Nickel Dime Quarter Quarters 1. Five pennies make a_____________ 2. Two nickels make a ____________ 3. Two dimes and a nickel make a________________ 4. One cent is a ______________________ 5. Four ________________ makes a dollar

Editor's Notes

  • #7 What does the "$" symbol on the pig mean?  (the dollar sign - it'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).
  • #9 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)
  • #10 "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