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?

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

1 dollar bill = $ dollar bill = $ dollar bill = $ dollar bill = $ 10,00 20 dollar bill = $ dollar bill = $ dollar bill = $

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

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.

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