Counting Dollars with Khan Academy!

Math Grades 1st Grade 3:17 Video
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Lesson Description

Let's learn how to count different dollar bills like $1, $5, and $10 to find out how much money we have in all! We'll use fun pictures and adding to help us.

Video Resource

Counting dollars | Measurement and data | Early Math | Khan Academy

Khan Academy

Duration: 3:17
Watch on YouTube

Key Concepts

  • Identifying different dollar bills ($1, $5, $10)
  • Understanding the value of each bill
  • Adding different dollar amounts to find a total

Learning Objectives

  • Students will be able to identify $1, $5, and $10 dollar bills.
  • Students will be able to determine the value of a collection of dollar bills.
  • Students will be able to add the values of different dollar bills to find the total amount of money.

Educator Instructions

  • Introduction (5 mins)
    Start by asking students if they know what different kinds of dollar bills there are. Show them examples (real or pictures) of $1, $5, and $10 bills. Briefly discuss what each one is worth.
  • Watch the Khan Academy Video (7 mins)
    Play the 'Counting dollars' Khan Academy video. Encourage students to pay attention to how the person in the video counts the money.
  • Guided Practice (10 mins)
    Work through similar examples as in the video, but together as a class. Draw the dollar bills on the board and have students help you count them. For example: 'Let's say we have three $1 bills, one $5 bill, and two $10 bills. How much money do we have?'
  • Independent Practice (8 mins)
    Give each student a worksheet with similar problems (drawing of bills and they must count them). Have them work independently. Circulate to provide help as needed.

Interactive Exercises

  • Money Matching Game
    Create cards with pictures of different dollar bills on one set and the dollar amount written out (e.g., 'Five Dollars') on another set. Have students match the pictures to the correct amounts.
  • Act It Out
    Give students play money and have them act out scenarios. For example: 'You want to buy a toy that costs $7. Can you show me which dollar bills you could use to buy it?'

Discussion Questions

  • What's the difference between a $1 bill and a $5 bill?
  • If you have two $5 bills, is that more or less than one $10 bill? How do you know?
  • Why is it important to know how to count money?

Skills Developed

  • Addition
  • Problem-solving
  • Number recognition
  • Place Value (understanding tens and ones)

Multiple Choice Questions

Question 1:

What is this? (Picture of a $1 bill)

Correct Answer: $1

Question 2:

What is this? (Picture of a $5 bill)

Correct Answer: $5

Question 3:

What is this? (Picture of a $10 bill)

Correct Answer: $10

Question 4:

If you have two $1 bills, how much money do you have?

Correct Answer: $2

Question 5:

Which bill is worth the MOST money?

Correct Answer: $10 bill

Question 6:

You have one $5 bill and one $1 bill. How much money do you have?

Correct Answer: $6

Question 7:

You have two $5 bills. How much money do you have?

Correct Answer: $10

Question 8:

You have one $10 bill and one $1 bill. How much money do you have?

Correct Answer: $11

Question 9:

Which bill is worth the LEAST money?

Correct Answer: $1 bill

Question 10:

You have one $10 bill. How much money do you have?

Correct Answer: $10

Fill in the Blank Questions

Question 1:

A $1 bill is worth ____ dollar.

Correct Answer: one

Question 2:

A $5 bill is worth ____ dollars.

Correct Answer: five

Question 3:

A $10 bill is worth ____ dollars.

Correct Answer: ten

Question 4:

If you have three $1 bills, you have ____ dollars.

Correct Answer: three

Question 5:

Two $5 bills make ____ dollars.

Correct Answer: ten

Question 6:

One $5 bill and two $1 bills make ____ dollars.

Correct Answer: seven

Question 7:

One $10 bill and one $5 bill make ____ dollars.

Correct Answer: fifteen

Question 8:

Ten $1 bills make ____ dollars.

Correct Answer: ten

Question 9:

The $____ bill has the biggest number on it.

Correct Answer: 10

Question 10:

A $1 bill is worth less than a $____ bill.

Correct Answer: 5

Educational Standards

CCSS.Math.Content.1.NBT.C.4:Add within 100, including adding a two-digit number and a one-digit number, and adding a two-digit number and a multiple of 10, using concrete models or drawings and strategies based on place value, properties of operations, and/or the relationship between addition and subtraction; relate the strategy to a written method and explain the reasoning used. Understand that in adding two-digit numbers, one adds tens and tens, ones and ones; and sometimes it is necessary to compose a ten. CCSS.Math.Content.1.OA.A.1:Use addition and subtraction within 20 to solve word problems involving situations of adding to, taking from, putting together, taking apart, and comparing, with unknowns in all positions, e.g., by using objects, drawings, and equations with a symbol for the unknown number to represent the problem. CCSS.Math.Content.1.NBT.B.2:Understand that the two digits of a two-digit number represent amounts of tens and ones. Understand the following as special cases:

Teaching Materials

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