Introduction to the Value of Money

Lesson plans and activities for introducing the value of money.

http://tcaassets.org/public/lesson-plans/grade-one-wants-and-needs.pdf


Coin Lesson Plan Estimation Game

Another invaluable math skill to stress with students is estimation. Practice estimation and learn about money at the same time by filling two jars with coins. One should be all pennies, and the other should contain mixed change.

Have students guess the number of coins in each jar, then its dollar value. Dump out the change and count to see who is right. Talk about how a jar with all pennies may be fuller, but can contain less money than a jar filled with quarters and dimes.

Read more at Suite101: Money Lesson Plan: Teaching Kids About Money in Elementary School http://www.suite101.com/content/money-lesson-plan-a176846#ixzz16n6CmLd7


Place Value Partners
Use this as a template and adapt this game to play with money language (i.e. one partner reads out "one dollar and twenty five cents." The partner would then write $1.25, using the correct place value and decimal placement)
http://www.lauracandler.com/filecabinet/math/PDF/DecimalMatch.pdf
http://www.lauracandler.com/filecabinet/math/PDF/NumberTiles.pdf


How to Teach Teens and Kids the Value of Money
A reference for parents and teachers about teaching the value of money.
http://www.ivillage.com/the-talk/7-j-273471?ivNPA=1&sky=ggl%7Csls%7Camextalk%7Cmoney%7C

Canada In My Pocket

ASSESSMENT:
Identify the names of Canadian coins using their pictures.

What Is Money?

Bank of Montreal Introduction to Money for Kids
"BMO SmartSteps for Parents" helps parents and educators teach kids about various aspects of money. Age ranges are: 5-6, 7-8, 9-12, 13-15. There is also a games section called The Zone.
http://community.bmo.com/smartstepsforparents/


Powerpoints that teach about money.
http://math.pppst.com/money.html


Fundamentals of Money and Banking
http://www.kidsbank.com/index_3.asp

Counting Money

Introduction to Counting Money
http://www.aaamath.com/B/mny.htm#topic1

Room 108: Create Interactive Worksheets
http://www.netrover.com/~kingskid/money/money_worksheets.htm

Worksheet Producer (Counting Canadian Money)
http://www.theteacherscorner.net/printable-worksheets/make-your-own/money-worksheets/

School House Rock Where the Money Goes

ASSESSMENT:

1. List 5 household expenses.
2. What are 3 things the family could do to save money?

Saving Money

Savings Account Activity

Students can use deposit/withdrawl cards and practice keeping track of their savings account balance.

http://www.ebri.org/pdf/wrapper.pdf

Making Change

Change Maker

http://www.funbrain.com/cashreg/index.html

Cash Register

http://justkidsgames.com/play.php?MakingChange

ASSESSMENT:

Making change worksheets

http://www.moneyinstructor.com/change.asp

Budgeting

Managing money creating a budget
Follow the directions and complete a budget.

http://pbskids.org/itsmylife/money/managing/article6.html

Budget activities

http://www.moneyandstuff.info/budgetworksheet.htm

Using Money

PBS KIDS It's My LIfe Money Game

http://pbskids.org/itsmylife/games/mad_money_flash.html

Planet Orange Money Game
http://www.orangekids.com/




Three jars 
If your youngster is graduating from the traditional piggy bank, move to a three-jar system. You can literally gift three jars (or cans or pottery or even cooler piggy banks) and mark them save, spend and share. The kids should divide future income among those jars and use the money accordingly. To make this really easy, do it online with an account at threejars.com or famzoo.com. 


http://moneywatch.bnet.com/saving-money/blog/bank-dad/top-7-gifts-for-teaching-young-kids-about-money/559/?tag=col1;blog-river


Life Skills: Money and Finance
Activities and worksheets based around using money in various forms. (subscription to EdHelper required)

http://www.edhelper.com/life_skills_money.htm


ASSESSMENT idea:
Complete the following sheet. Decide if you have enough money to make the purchase.