First Grade Math: Money (2024)

I love to see how excited 1st Grade students get over working with money. This unit is loaded with hands-on and engaging math centers that help students build a strong foundation for counting coins, which will be more developed in the 2nd Grade math curriculum. Although money isn’t specifically taught in first grade, I have included this unit in the Math Made Fun Curriculum in order to give students the opportunity to develop a strong foundation for life-long skills and to prep them for math concepts to come.

In this math unit, students will:

*Practice differentiating between coins

*Count pennies up to 20

*Skip count by 1’s, 5’s and 10’s to identify values of multiple pennies, nickels and dimes

*Counting on from a coin with higher value (eg. one dime, one nickel and two pennies would be counted on as 10, 15, 16, 17)

*Compare values of 2 groups of coins up to 99 cents

*Determine the amount of coins needed to come to a specific value

*Determining if there is enough money to buy an item

*Determining the amount of change that would be left after buying an item

*Identifying multiple combinations of coins to make up the same value

In the First Grade Math Made Fun Unit 7, money has never been so fun! This unit is loaded with 17 Hands-ON Math Centers and 39 NO PREP practice pages to help teach, master and reinforce this very important math concept.

FIRST GRADE MATH MADE FUN CURRICULUM

Check out the other First Grade Math Units in action:

Unit 1: Numbers up to 120

Unit 2: Addition

Unit 3: Subtraction

Unit 4: Place Value

Unit 5: Geometry

Unit 6: Measurement

Unit 7: Money

Unit 8: Telling Time

Unit 9: Graphs and Data

SAVE $$$ WITH THE BUNDLE!

ALL 9 UNITS INCLUDED!

First Grade Math: Money (1)

First Grade Math: Money (2)

First Grade Math: Money (3)

LET’S LOOK AT THE MATH CENTERS FOR UNIT 7IN ACTION…

First Grade Math: Money (4)

CENTER NUMBER 1: Show Me the Money

Decide which coins are needed to make the correct cents on the bank. Record how many of each coin you used.

First Grade Math: Money (5) First Grade Math: Money (6)

CENTER NUMBER 2: Coins- True or False?

Add up the coins. Decide if the coins are equal to the value on the card. Sort the cards to the true or false mats.

First Grade Math: Money (7)

CENTER NUMBER 3: How Much Did You Spend?

Roll a die for each coin. Place the correct number of coins in the column. Add them up and record your total. Whoever has the most money gets to color a star.

First Grade Math: Money (8) First Grade Math: Money (9)

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CENTER NUMBER 4: Coins- Flip and Cover

Flip a card. Count the coins. Cover a value to match the card.

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CENTER NUMBER 5: Money- Spin and Build

Spin both spinners. Count out the number of coins. Add them together and record the value on the recording sheet.

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CENTER NUMBER 6: Coins in the Bank

Flip a card. Place the coins in the bank, and add them up. Write the value on the recording sheet.

First Grade Math: Money (13)

CENTER NUMBER 7: Tubs of Popcorn

Count the coins on the tub. Find the popcorn that has the matching value. Record the value on the recording sheet.

First Grade Math: Money (14) First Grade Math: Money (15)

CENTER NUMBER 8: Coins- Count and Cover (up to 25 cents)

Flip a card. Count the coins. Cover the value to match the card.

First Grade Math: Money (16)

CENTER NUMBER 9: Coins- Count and Cover (up to 50 cents)

Flip a card. Count the coins. Cover the value to match the card.

First Grade Math: Money (17)

CENTER NUMBER 10: Coin War- Flip and Count

Each player gets a stack of 12 cards. Both players flip and place a card on the board. Total the coins and compare the values. The player with the highest value wins that round and gets to keep both cards.

First Grade Math: Money (18)

First Grade Math: Money (19)

CENTER NUMBER 11: Toy Shopping (up to 25 cents)

Pull a card. Count the coins. Write the amount on the recording sheet. Color a happy face if you can buy the item. Color a sad face if you cannot buy the item.

First Grade Math: Money (20) First Grade Math: Money (21)

CENTER NUMBER 12: Grocery Shopping (up to 50 cents)

Pull a card. Count the coins. Write the amount on the recording sheet. Color a happy face if you can buy the item. Color a sad face if you cannot buy the item.

First Grade Math: Money (22) First Grade Math: Money (23)

CENTER NUMBER 13: Pet Store Shopping (up to 75 cents)

Pull a card. Count the coins. Write the amount on the recording sheet. Color a happy face if you can buy the item. Color a sad face if you cannot buy the item.

First Grade Math: Money (24)

CENTER NUMBER 14: Candy Shopping (up to 99 cents)

Pull a card. Count the coins. Write the amount on the recording sheet. Color a happy face if you can buy the item. Color a sad face if you cannot buy the item.

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CENTER NUMBER 15: Equivalent Amounts

Pull a card. Show two different ways to make the amount shown. Draw the coins on the recording sheet.

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CENTER NUMBER 16: Money- Make a Match

Count the coins on the board. Find the card that matches the value of the coins.

First Grade Math: Money (28) First Grade Math: Money (29)

CENTER NUMBER 17: Different Ways to Make Change

Find two ways to use coins to match the value on the card. Record the numbers on the recording sheet.

First Grade Math: Money (30)

THERE ARE 39 NO PREP PRACTICE PAGES INCLUDED IN UNIT 7

First Grade Math: Money (31) First Grade Math: Money (32)

HOW DO I ORGANIZE THE UNITS?

I chose to store the math centersin Sterilite bins, because they don’t take up too much space. It is a tight fit, but I find that they work nicely for me. However, if you choose, you could store the centers in a larger container as well. Within the bin, each math center is stored in a gallon sized ziplock baggie.

LET’S TAKE A LOOK AT SOME OF THE NO PREP PAGES “IN ACTION”…

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First Grade Math: Money (38)

First Grade Math: Money (39)

First Grade Math: Money (40) First Grade Math: Money (41)

You can purchase Unit 7 individually HERE or

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  • First Grade Math: Money (43)

    First Grade Math: Money (44)

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    First Grade Math: Money (2024)

    FAQs

    What should a first grader know about money? ›

    Concepts and Skills to Master

    Recognize names and identify values of pennies, nickels, dimes, and quarters • Compare values of coins • Use the cents symbol to write the value of a penny, a nickel, a dime, and a quarter.

    Can first graders count money? ›

    When first graders leave first grade, they should be able to: recognize and determine the value of the penny, nickel, dime and quarter. count pennies, nickels and dimes by skip counting by 2's, 5's and 10's respectively.

    What is the concept of money for Grade 1? ›

    Money is the medium of exchange for goods and services. Different coins and paper money have different values. It is important for children to recognize the names and values of different coins and bills used in exchange for goods and services.

    How to teach money concept to grade 1 lesson plan? ›

    Next, I want to share the step by step process that I use for teaching money to first graders!
    1. Step 1: Identify coins and their values. ...
    2. Step 2: Practice counting like sets of coins. ...
    3. Step 3: Count Mixed Groups of Coins.
    Apr 29, 2023

    How do you teach kids to calculate money? ›

    To get kids comfortable with handling money, one of the easiest things you can do is encourage them to sort coins. Help them separate and count out a pocketful of dimes and nickels and show them how many of each add up to a dollar.

    Do 6 year olds understand money? ›

    Wunder said six is the age where kids start being able to grasp some money concepts. “This is the age children are starting to understand math at school and are able to comprehend the consequences of 'if it's gone, it's gone' and setting aside money for things they really want,” he said.

    How much math should a first grader know? ›

    In first grade math, your young learner will start adding and subtracting numbers up to 30. They will also solve basic word problems with the help of drawings, objects, and equations. By the end of the first grade, your child will have been shown how to: Add three one-digit numbers.

    How high should 1st graders count? ›

    Your child has probably mastered counting to 20. But in first grade kids will learn to count all the way up to 120! That's not all. Kids will be expected to not only count, but write, the numbers.

    How do you teach a first grader to count money? ›

    If you are using pictures of coins on a worksheet or practice page, have students write in the value of each coin on the picture. Then have them skip count starting with the biggest value. This process is called Counting On and it is one of the easiest ways to teach kids how to count coins.

    What is money in maths with example? ›

    In mathematics, money is defined as a medium of exchange, such as bills, coins, and demand deposits. These mediums are used to pay for goods and services. Money is used to pay for the value or price of an item or service.

    What is money in short answer? ›

    What is money? Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth.

    What are the 3 concepts of money? ›

    To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange. Modern economies use fiat money-money that is neither a commodity nor represented or "backed" by a commodity.

    How do you teach math concepts to first graders? ›

    There are many methods to help your child with first-grade math. You can fill in a number grid puzzle, build objects with legos and measure, and play Number Hunt, Hopscotch, Is It A Number, and Find A counting game for kids. You can also ask basic addition and subtraction problems using treats to keep kids interested.

    What is the easiest way to count money? ›

    To count money faster, use the “counting on” method. Start with the greatest value and gradually move on to the smaller values as you go.

    Why do I struggle to count money? ›

    Dyscalculia is a learning disorder that affects a person's ability to understand number-based information and math. People who have dyscalculia struggle with numbers and math because their brains don't process math-related concepts like the brains of people without this disorder.

    What age should kids understand money? ›

    Kids between the ages of 6 and 8 may start to understand how money works. "As soon as your child is receiving an allowance, he'll need a place to put his money," says Pearl.

    What grade do kids learn about money? ›

    Ages 4 to 6: How Cash Works

    Research at the University of Cambridge indicates that preschool and kindergarten ages are when kids can first understand the concepts of value and prices.

    At what age do kids understand the value of money? ›

    Research by The Money Advice Service reveals that most children can recognize the value of money and understand the link between earning money and income by the age of seven. By this age, most kids can plan, delay decisions and understand that some choices around spending are permanent.

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