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Basic Money Skills Basic Consumer Math Lesson 1 Introduction Mrs. Stack.

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Presentation on theme: "Basic Money Skills Basic Consumer Math Lesson 1 Introduction Mrs. Stack."— Presentation transcript:

1 Basic Money Skills Basic Consumer Math Lesson 1 Introduction Mrs. Stack

2 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?

3 I Can Statements I can ….. 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 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?

6 What does the "$" symbol on the pig mean? What does the pig represent? http://www.moneyinstructor.com/images/pig.gif

7 Currency

8 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?

9 Paper Money

10 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

11 Coins Penny 1¢ Nickel 5 ¢ Dime 10 ¢ Quarter 25 ¢

12 "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

13 Coins

14 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.

15 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

16 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


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