Money Math: Dollars and Cents!

Math Grades 1st Grade 6:04 Video
Print Lesson Plan Watch Video

Lesson Description

Learn to identify, count, and compare the value of dollars and cents. This lesson uses a fun video to teach you about money!

Video Resource

Dollars and Cents - Learn Money for Kids | Math for 1st Grade | Kids Academy

Kids Academy

Duration: 6:04
Watch on YouTube

Key Concepts

  • Identifying coins and dollar bills
  • Understanding the value of coins and dollars
  • Comparing money amounts using greater than, less than, and equal to

Learning Objectives

  • Students will be able to identify dollar bills, half dollars, dimes and pennies.
  • Students will be able to count and determine the value of a collection of coins and dollar bills.
  • Students will be able to compare two money amounts using the terms 'greater than', 'less than', and 'equal to'.

Educator Instructions

  • Introduction (5 mins)
    Begin by asking students what they already know about money. Show them examples of different coins and dollar bills and ask them to identify each one. Explain that today, they will learn more about the value of these coins and bills and how to compare different amounts of money.
  • Video Viewing (7 mins)
    Play the "Dollars and Cents - Learn Money for Kids" video from Kids Academy. Encourage students to follow along with the teacher in the video and try to solve the problems along with her.
  • Guided Practice (10 mins)
    After watching the video, review the concepts covered. Work through additional examples of comparing money amounts, asking students to explain their reasoning. For example: 'Which is more, one dollar or four quarters? How do you know?'
  • Independent Practice (8 mins)
    Provide students with worksheets or manipulatives (play money) and have them complete problems independently. These problems should involve identifying coins and bills, counting money amounts, and comparing values.

Interactive Exercises

  • Money Matching Game
    Create a matching game where students match pictures of coins and dollar bills to their corresponding values (e.g., a picture of a quarter matches with '25 cents').
  • Comparing Amounts with Play Money
    Give students different amounts of play money and have them compare the amounts using 'greater than', 'less than', and 'equal to' symbols. They can write these comparisons on a whiteboard or piece of paper.

Discussion Questions

  • What are some different types of coins and bills?
  • How do you know if one amount of money is greater than, less than, or equal to another amount?
  • Why is it important to learn about money?

Skills Developed

  • Counting
  • Comparing numbers
  • Problem-solving

Multiple Choice Questions

Question 1:

Which is worth more?

Correct Answer: A quarter

Question 2:

How many cents are in one dollar?

Correct Answer: 100 cents

Question 3:

Which sign means 'less than'?

Correct Answer: <

Question 4:

Which two coins make 50 cents?

Correct Answer: 2 Quarters

Question 5:

If you have 25 cents, what coin do you have?

Correct Answer: Quarter

Question 6:

Which is equal to one dollar?

Correct Answer: 4 quarters

Question 7:

Which of these means the same?

Correct Answer: Same

Question 8:

What sign do we use for greater than?

Correct Answer: >

Question 9:

If you have one dollar and someone gives you one more, how many dollars do you have?

Correct Answer: Two dollars

Question 10:

How many dimes make one dollar?

Correct Answer: 10

Fill in the Blank Questions

Question 1:

100 cents makes one _______.

Correct Answer: dollar

Question 2:

A coin worth 5 cents is called a _______.

Correct Answer: nickel

Question 3:

The sign '=' means _______.

Correct Answer: equal

Question 4:

A quarter is worth _______ cents.

Correct Answer: 25

Question 5:

If you have more money, it is _______ than.

Correct Answer: greater

Question 6:

A dime is worth _______ cents.

Correct Answer: 10

Question 7:

If I only have pennies, I need _______ to make a dime.

Correct Answer: 10

Question 8:

One dollar is _______ to 100 cents.

Correct Answer: equal

Question 9:

2 quarters is the same as _______ cents.

Correct Answer: 50

Question 10:

We write cents with a _______ sign.

Correct Answer: cent

Educational Standards

CCSS.Math.Content.1.MD.C.4:Organize, represent, and interpret data with up to three categories; ask and answer questions about the total number of data points, how many in each category, and how many more or less are in one category than in another. CCSS.Math.Content.1.NBT.B.3:Compare two two-digit numbers based on meanings of the tens and ones digits, recording the results of comparisons with the symbols >, =, and <. CCSS.Math.Content.1.OA.D.7:Understand the meaning of the equal sign, and determine if equations involving addition and subtraction are true or false. For example, which of the following equations are true and which are false? 6 = 6, 7 = 8 - 1, 5 + 2 = 2 + 5, 4 + 1 = 5 + 2.

Teaching Materials

Download ready-to-use materials for this lesson:

Student Worksheet Classroom Slides Assessment Quiz Export to Google Docs
Add to Google Classroom

User Actions

Sign in to save this lesson plan to your favorites.

Sign In

Share This Lesson

Related Lesson Plans