Personal Objective: This week I spent time looking at the basics of working with money at the 2nd grade level. My goal was to gather visual references that could be used to breakdown and express the many ways pennies, nickels, dimes and quarters can be combined to build different monetary amounts.
Common Core Standard:
2nd Grade: 2.MD
Work with money
8. Solve word problems involving dollar bills, quarters, dimes, nickels, and pennies, using $ and ¢ symbols appropriately. Example: If you have 2 dimes and 3 pennies, how many cents do you have?
8. Solve word problems involving dollar bills, quarters, dimes, nickels, and pennies, using $ and ¢ symbols appropriately. Example: If you have 2 dimes and 3 pennies, how many cents do you have?
Resources/Tips:
Activities/Worksheets:
Reflection: Having an understanding of working with money in its most basic sense is something that can be easily taken for granted as an adult. In reviewing and breaking down this area it wasn't hard to recognize the initial challenges that pennies nickels, dimes and quarters can present to students when exploring the various combinations that can be built with them. I think that clear visual representation and hands on activities are the best ways to teach about how money works. I also love that historical figures like Lincoln, Jefferson, Roosevelt and Washington can be tied into this area of study as students analyze coins. Working with money is a skill that students need to have a firm understanding of because they will without a doubt draw upon for the rest of their lives.

100 Pennies = 1 Dollar
20 Nickels = 1 Dollar
10 Dimes = 1 Dollar
4 Quarters = 1 Dollar
Activities/Worksheets:
Reflection: Having an understanding of working with money in its most basic sense is something that can be easily taken for granted as an adult. In reviewing and breaking down this area it wasn't hard to recognize the initial challenges that pennies nickels, dimes and quarters can present to students when exploring the various combinations that can be built with them. I think that clear visual representation and hands on activities are the best ways to teach about how money works. I also love that historical figures like Lincoln, Jefferson, Roosevelt and Washington can be tied into this area of study as students analyze coins. Working with money is a skill that students need to have a firm understanding of because they will without a doubt draw upon for the rest of their lives.







Hey Scott,
ReplyDeleteWhen students work with money they have so much fun. When they have the option to use the fake money as materials they better understand the concept. When I was growing up it was more of a memorization concept. 4 quarters always going to equal $1 never going to change. Not understanding the a quarter is equal to 25 cents and a nickel and 2 dimes equal 25 cents.
Good job,
Shelia
Hi Scott,
ReplyDeleteI couldn't have read this at a better time! I was just helping my daughter who is going into 3rd grade with her summer packet, and I realized she does not understand money at all! I was going to look up some ideas that could help her. I am going to show her the video and try the game with her. I love the visuals with showing the change and how it relates to the dollar bill. That will be very helpful for her since she is primarily a visual learner. Great post, thank you!
--Amanda