money! money is part of our daily lives. you see it all of the time but do you really know how to...

Money!

Money!

Money is part of our daily lives. You see it all of the time but do you really know how to use it? After this lesson you will be familiar with the values of the units of money that we use.

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Let’s Review Coins!

What About The Paper?

Counting Money

What Have You Learned?

Main Menu

Let’s Review Coins - Overview

Coins have an obverse (front) side and a reverse (back) side

All coins have this printed on them:

How much they are worth

What year it was minted (made)

What mint it was created in

Philadelphia (P) or Denver (D)

Let’s Review Coins - Pennies

Picture of Abraham Lincoln on one side

Picture of the Lincoln Memorial on other side

Color is copperValue is 1 cent or $.01

Let’s Review Coins - NickelsPicture of Thomas

Jefferson on one sidePicture of Monticello on

other sideColor is silverValue is 5 cents or $.05

Let’s Review Coins - DimesPicture of Franklin Delano

Roosevelt on one side

Picture of a torch, an olive branch and an oak branch on other side

Color is silverValue is 10 cents or $.10

Let’s Review Coins - Quarters

Picture of George Washington on one side

Most quarters in circulation have a picture of an eagle on other side

Color is silverValue is 25 cents or $.25

Special & New Coins

Half Dollar 50 cents Golden Dollar

$1.00New Nickels 5 cents

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State Quarters 25 cents

Paper money has a front and a back side

All paper bills have this printed on them:

How much they are worth

What year and where they were printed

A unique 11 digit serial number

What About The Paper? - General

What About The Paper? - $1

Picture of George Washington on front side

Picture of the Great Seal of the United States on back side

Value is 100 cents or $1.00

What About The Paper? - $2Picture of Thomas

Jefferson on front side

Picture of the signing

of the Declaration of Independence on back side

Value is 200 cents or $2.00

What About The Paper? - $5

Picture of Abraham Lincoln on front side

Picture of the Lincoln Memorial on back side

Value is 500 cents or $5.00

What About The Paper? - $10

Picture of Alexander Hamilton on front sidePicture of the U.S. Treasury on back sideValue is 1000 cents or $10.00

What About The Paper? - $20

Picture of Andrew Jackson on front side

Picture of the White House on back side

Value is 2000 cents or $20.00

What About The Paper? - $50

Picture of Ulysses S. Grant on front side

Picture of the U.S. Capital on back side

Value is 5000 cents or $50.00

What About The Paper? - $100

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Picture of Benjamin Franklin on front side

Picture of Independence Hall on back side

Value is 10000 cents or $100.00

5 pennies = 1 nickel10 pennies = 1 dime2 nickels = 1 dime

5 nickels = 1 quarter4 quarters = 1 dollar

2 dimes & 1 nickel = 1 quarter

Counting Money – Common Conversions

Start with all paper or coin of highest value and add them together

Take paper or coin of next highest value and add them to previous total

Continue this process until all money is counted

Counting Money – Procedure

I have two ten dollar bills, two five dollar bills, a one dollar bill and one quarter. How much money do I have?

Counting Money – Example

I have two ten dollar bills, two five dollar bills, a one dollar bill and one quarter. How much money do I have?

ten dollar bill $10.00ten dollar bill $10.00five dollar bill $5.00five dollar bill $5.00one dollar bill $1.00one quarter +$0.25

The total is $31.25.

Counting Money – Example

I have a dollar, two quarters and three pennies. How much money do I have?

Counting Money – Example

I have a dollar, two quarters and three pennies. How much money do I have?

one dollar $1.00one quarter $0.25one quarter $0.25one penny $0.01one penny $0.01one penny +$0.01

The total is $1.53.

Counting Money – Example

I have a five dollar bill, one quarter, one dime, one nickel and two pennies. How much money do I have?

Counting Money – Example

I have a five dollar bill, one quarter, one dime, one nickel and two pennies. How much money do I have?

five dollar bill $5.00one quarter $0.25one dime $0.10one nickel $0.05one penny $0.01one penny +$0.01

The total is $5.42.

Counting Money – Example

I have three quarters, one dime and one penny. How much money do I have?

Counting Money – Example

I have three quarters, one dime and one penny. How much money do I have?

one quarter $0.25one quarter $0.25one quarter $0.25one dime $0.10one penny +$0.01

The total is $0.86.

Counting Money – Example

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What Have You Learned?

This is the picture located on which dollar bill?

Fifty Dollar Bill

One Hundred Dollar Bill

One Dollar Bill

The Fifty dollar bill has a picture of Ulysses S. Grant on it. His portrait looks like…

The One Hundred dollar bill has a picture of Benjamin Franklin on it. His portrait looks like…

The One Dollar bill has a picture of George Washington on it. The entire dollar looks like…

What Have You Learned?

Which one of these coins is a nickel?

This is a picture of a penny. Remember, the penny is copper in color and has a picture of Abraham Lincoln on the front.

The nickel is silver in color and it has a picture of Thomas Jefferson on the front side and Monticello on the back side.

This is a picture of a dime. The dime is smaller in size than a nickel and has a picture of Franklin Delano Roosevelt on the obverse side.

What Have You Learned?

If I have a quarter, a dime and three pennies how much money do I have?

Thirty three cents ($.33)

Thirty eight cents ($.38)

Forty three cents ($.43)

One way to make thirty three cents ($.33) would be with a quarter, a nickel and three pennies.

The quarter is worth twenty-five cents, the dime is worth ten cents and the three pennies are worth three cents. That makes a total of thirty-eight cents ($.38).

One way to make forty-three cents ($.43) would be with a quarter, a dime, a nickel and three pennies.

Congratulations!

Please click on the forward arrow to restart the lesson for the next participant.

You have completed the first lesson in our unit on money. For completing this lesson, you have earned a quarter in your classroom piggy bank.