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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.
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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
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 = $ 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 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 nickelmake 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