MONEY VALUE LESSON PLAN ELEMENTARY MATH TEACHING COUNTING DECIMALS CONSUMER MATH UNIT CONVERSION SPENDING MONEY EXAMPLE STUDENTS PRACTICE LIFE SKILLS LEARNING LESSONS PRACTICE TEACHER LIFE SKILLS CONCEPTS ACTIVITIES

 Students learn the value of money and make change.

The Case of the Broken Piggy Bank

Objectives:

1. The student will be able to list the value of a quarter, dime, nickel, and penny in dollar form.

2. The student will be able to find the total monetary value of a set of quarters, dimes, nickels, and pennies.

3. The student will be able to calculate change received on a purchase.

Standards:  NCTM Standards: 1, 6, 9, 10

Materials:

• Quarters, Dimes, Nickels, & Pennies

Procedure:

1. Warm-up: Review adding and subtracting decimals. Ask students how to write 50 cents in dollar form.

2. Motivate the Lesson: Place quarters, dimes, nickels, and pennies in the front of the classroom. Ask students to identify the value of each coin. Ask students to count the number of coins. Ask students how they could calculate the total value of the stack of coins.

3. Proceed through the lesson with the “Question of the Day”. Explain that they will need to use their math skills to be successful piggy bank detectives.

4. Verify students can add and subtract decimal numbers accurately by verbally quizzing them on the practice questions. *Critical Thinking: Ask students if there is a faster way to calculate the amount of money besides adding. (i.e.: Multiplying)

5. Have students complete the The Value of Money worksheet for homework.

Print out the following pages for use with this resume writing lesson:

 VALUE OF MONEY LESSON Lesson excerpt - You had been saving your weekly allowance in a piggy bank. When you returned home from school one day you were surprised to find that your piggy bank had been broken into several pieces. There were quarters, dimes, nickels, and pennies spilled across your desk. Who could have broken your piggy bank? More importantly was any money stolen?Luckily, you had been keeping track of how much money you put into the piggy bank each week. You knew there should be a total of \$2.75 in the piggy bank. (continued...) VALUE OF MONEY WORKSHEET Student worksheet on the value of money. Do you have a recommendation for an enhancement to this money lesson, or do you have an idea for a new lesson?  Then leave us a suggestion. For more consumer math lessons and worksheets: Spending Money, Consumer Math, Lesson Plans, Worksheets       To teach and learn money skills, personal finance, money management, business, careers, and life skills please go to the Money Instructor home page.

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