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Home > Lesson Planning Channel > Lesson Planning Archives > Holidays, Math, Social Science > Lesson Planning Article

LESSON PLANNING ARTICLE

We’re In the Money: Lessons for Teaching About Money

We're In the Money: Lessons for Teaching About Money

Presidents Day is a great time to teach kids about money and its value. Every time we spend a dime (or a penny or a dollar), after all, we see the faces of those great leaders! So this week, we present five new hands-on lessons for teaching about the value of money. Included: Hold a money bee, design a coin, make predictions, discover what some consumer goods could have cost a century ago, more!

What more practical skills do we teach than those related to money? Yet how many of your students could make change for a $20 bill without using a calculator?

If making change is one of those skills your students need to practice, we have a fun activity for you. Why not adapt the spelling bee format and hold a "making change” money bee in your classroom? See the lesson below.

If you need activities for helping students learn about making change and other money-math skills, you have come to the right place…

FIVE LESSONS FOR TEACHING ABOUT MONEY

This week, Education World provides five lessons for teaching about money. Click each of the five lesson headlines below for a complete teaching resource. (Appropriate grade levels for each lesson appear in parentheses.)

Try a Money Bee for a "Change”
Adapt the spelling bee format and hold a money bee for a "change!” (Grades K-12)

What Did It Cost in 1903?
Invite students to compare prices of goods across the century in this lesson that introduces the concept of inflation. (Grades 3-12)

Design a Coin
Students research a state and then design a quarter for it. They use dough or foil to create the coin! (Grades K-12)

Coin Count & Classification
How will100 pennies will sort by decade or year? Students make a prediction and then test that prediction. (Grades K-12)

Money Math Match
Students hunt for the classmate who holds a bag of coins equal in value to theirs. (Grades K-5)

ADDITIONAL RESOURCES

Are you still looking for more lessons for teaching about money? While searching the Web for resources, we came across a handful of lessons you might want to check out. Click for more money lessons.

More Money Lessons

Have you seen these money lessons in the Ed World archive?

* And You Thought Gasoline Was Expensive! Create a chart comparing the cost of a gallon of gasoline to the cost of a gallon of mouthwash, house paint, other liquids. (Grades 3-12)
* Rewards Systems That WorkClassroom management strategies that teach the value of money. (All grades)
* Cutting Costs With Coupons Clip coupons, create a menu, add the total savings. (Grades 3-8)
* Coin Poems Learn to recognize coins by reciting a fun poem. (Grades K-2)
* It’s My Business Develop a plan for a summer business. Great end-of-year project. (Grades 9-12)
* Chocolate Peas or Chocolate Chicken? A poem and follow-up writing activity teach about opportunity cost. (Grades 3-8)
* Charge!? Compare the features of three different types of credit cards. (Grades 9-12)
* Who Am I? A game of charades teaches about producers and consumers. (Grades K-5)
* Where Does the Money Go? Create your own personal budget. (Grades 6-12)
* Shopping Spree Compute discounts and sales tax on shopping-spree items. (Grades 6-12)
* Estimation Estimate the cost of a typical grocery list. (Grades 3-5)

Still looking for more money lessons?

Article by Gary Hopkins
Education World®
Copyright © 2008 Education World

Originally published 02/07/2003
Links last updated 02/08/2008





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