Teaching Money Concepts

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Teaching Money Concepts

• Math Methods

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What are the basic money skills needed?

• Coin recognition
• Values of coins
• Using the values of coins
• Counting sets of coins (including comparing two
  sets)
• Equivalent collections of coins (same amts, diff
  coins)
• Selecting coins for a given amount
• Making change

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Coin Recognition Values

• Names and Values of Coins Teach Them
• Coin Value
• Penny 1 cent
• Nickel 5 cents
• Dime 10 cents
• Quarter 25 cents
• Half Dollar 50 cents THEN
• http//www.321know.com/g1_coinv.htm for
  Practice

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Using the Values of Coins
Chart of Values of Coins
Practice game using the values of the coins
http//www.321know.com/g1_coinv.htm
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Counting Sets of Coins
http//www.321know.com/g110_cx1.htm
The best way to teach counting sets is to
actually have the money (play money, of course,
unless you are Brent. He is loaded.
(lol) Then work with flash cards with pictures
on them. See next slide for examples of flash
cards and what they would have on them. Be
able to tell what order you would use the flash
cards!
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Flash Cards
What order would you use these flash cards?
1
2
4
3
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Making Change

• This is the most difficult money concept for
  children.
• View the following websites to find out more.
• http//www.moneyinstructor.com/change.asp
• http//kidsactivities.suite101.com/article.cfm/cou
  nting_money
• http//www.moneyinstructor.com/play.asp
• http//www.educationworld.com/a_lesson/lesson/less
  on298.shtml http//homeschooling.about.com/od/
  basicmath/qt/teachingmoney.htm

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ACTIVITY TIME

• From viewing the websites, create a lesson
  activity you would use to teach one of the
  concepts mentioned in the list of concepts on the
  second slide. Be sure to include
• Objectives
• Materials
• Lesson activity
• Assessment (how you will know he/she got it
• Upload to the Student Portal under March 6
  Activity (include the website where you got the
  idea) 75 pts
• For, 25 more points include a
  statement that you
• looked at all this powerpoint,
  even the external websites.

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Send this to Mrs. Bird ?