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Money Matters. By Melissa Teasley. Money Matters Content. What money looks like. How much each piece is worth. How to count money. How to create a budget. Where you can save your money. Money Fun Facts. Test your skills with a worksheet and quiz. What money looks like.
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Money Matters By Melissa Teasley
Money Matters Content • What money looks like. • How much each piece is worth. • How to count money. • How to create a budget. • Where you can save your money. • Money Fun Facts. • Test your skills with a worksheet and quiz.
What money looks like Money is used as a means of exchange that is used almost everywhere. It is used for the payment of goods and services that we, as consumers, demand. The number of units of money required to buy something is called the price. In the United States, we operate using the Dollar, Europeans use the Euro, and the English use the Pound. One Dollar Bill Penny Nickel Quarter Dime
How much each piece is worth Money can be broken down into cents to make it easier to compare what amount is the greater value.
How much each piece is worth cont. • Penny - 1 cent • Nickel- 5 cents • Dime- 10 cents, 2 nickels • Quarter- 25 cents, 2 dimes and a nickel, 5 nickels • Dollar- 100 cents, 4 quarters, 10 dimes, 20 nickels
Learning how to add money is very important to know how to do because it is used almost everyday. Use Money Flashcards to learn how to add money. You will be asked how to add together each piece of money. This site will keep track of how many you get right out of the number of problems you were asked.
How to create a budget • A monthly budget will help you save money and find out how much you are spending on activities, food, or entertainment. • Set up a monthly plan with your parents that can help you save money. First, take your monthly salary or allowance and add it up. Then, decide how much you want to spend on entertainment, like movies or music. Next, decide how much you can spend on food or other things you like to do. The rest of the money can be put in a savings account so you can buy something really special.
How to create a budget cont. • Strong Kidshas created an easy tool to help you create a budget. So whether it’s that new bike or skateboard you want, this site can help you. • You must learn how to make spending decisions on what is most important to you at the time. Make Spending Decisionswill help you with an activity, quiz, and related links. • Creating spending plans and deciding where your money will go is an important step as well.Spending Planswill help you with an activity, quiz, and related links.
Good places to save money • A good place to save your money is in a savings account at your parents bank. • There are many national banks that offer children savings accounts to protect money and help you gain interest on your account. • Wells Fargo Banking • Bank of America • National City
Money Fun Facts • Here are the most interesting facts about money. Use the link and try not to be amazed. • Money Factory
Test Your Skills Now that you know what each piece of money looks like, use this worksheet and quiz to test yourself. WorksheetQuiz Answers