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Money Matters

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Lesson Plan

Money Matters

Understanding Coins and Bills

In this lesson, students will learn the basics of money, including coins and bills, and their values through hands-on activities. This lesson is important as it helps students develop financial literacy skills and understand the value of money, which are essential life skills.

Audience

3rd Grade Students

Time

45 mins

Approach

Understanding Coins and Bills

Materials

Sample coins and bills, Worksheets, Printable cards for matching game, Chart paper, and Markers

Step 1

Introduction

5 mins

Introduce the lesson by discussing why understanding money is important. Show students various coins and bills, and explain that they will learn to identify and value them.

Step 2

Coin and Bill Identification

10 mins

Hand out sample coins and bills to students. Use chart paper to create a chart of different coins and bills with their values. Have students come up and place the coins or bills in the correct spot on the chart.

Step 3

Hands-On Activity

15 mins

Distribute the worksheets. Students will work individually to identify and assign values to different coins and bills. Walk around to provide assistance and ensure students understand the concepts.

Step 4

Matching Game

10 mins

Using the printable cards, have students play a matching game where they match coins and bills to their values. This can be done in pairs or small groups.

Step 5

Wrap-Up Discussion

5 mins

Discuss with students what they learned about coins and bills. Ask them to share one new thing they learned. Address any questions and summarize the importance of understanding money.

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Worksheet

Identifying and Valuing Coins and Bills

This worksheet helps students practice identifying different coins and bills and assigning their correct values.

Circle the correct name for each coin shown below:

Options: Penny, Nickel, Dime, Quarter







Match the following bills to their values:

Options: $1, $5, $10, $20







Write the value of the following coins:








How many pennies make a dollar?








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Worksheet

Money Matching Cards

These printable cards are used for a matching game where students match coins and bills to their correct values.





Penny - $0.01








Nickel - $0.05








Dime - $0.10








Quarter - $0.25








$1 Bill - $1.00








$5 Bill - $5.00








$10 Bill - $10.00








$20 Bill - $20.00




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