More or Less Money

Erika Kelly

Tier 1

Lesson Plan

More or Less Money

Students will be able to compare and order different amounts of money using terms like 'more than,' 'less than,' and 'equal to,' and apply these concepts to real-world financial scenarios.

Understanding how to compare money is crucial for making smart financial decisions, like knowing which item is cheaper or if you have enough money for a purchase. This skill is used daily in budgeting and shopping.

Audience

6th Grade Students

Time

30 minutes

Approach

Interactive discussion, visual examples, and a hands-on worksheet.

Materials

More or Less Money Slide Deck, More or Less Money Worksheet, Whiteboard or projector, and Markers or pens

Prep

Prepare Materials

10 minutes

Review the More or Less Money Slide Deck and ensure technology is set up.
- Print copies of the More or Less Money Worksheet for each student.
- Review the More or Less Money Answer Key for grading and discussion.

Step 1

Introduction & Warm-up

5 minutes

Display the first slide of the More or Less Money Slide Deck.
- Teacher Script: "Good morning/afternoon, everyone! Today, we're going to talk about something super important that we use every single day: money! We're going to sharpen our skills in comparing different amounts of money. Who can tell me why it's important to know if one amount of money is 'more' or 'less' than another?"
- Facilitate a brief discussion, encouraging students to share real-world examples (e.g., shopping, saving, budgeting).

Step 2

Concept Exploration: More, Less, Equal

10 minutes

Advance through the More or Less Money Slide Deck to introduce and explain the concepts of 'more than,' 'less than,' and 'equal to' using monetary examples.
- Teacher Script: "Let's look at some examples. If I have $5 and you have $10, who has more money? How do you know? What if we both have $7?"
- Use visual aids on the slides to compare various dollar and cent amounts. Encourage students to use the vocabulary 'more than,' 'less than,' and 'equal to' in their responses.

Step 3

Guided Practice: Worksheet Time!

10 minutes

Distribute the More or Less Money Worksheet.
- Teacher Script: "Now it's your turn to practice! I'm handing out a worksheet where you'll get to compare different amounts of money. Remember to use the terms 'more than,' 'less than,' or 'equal to.' Work independently, but feel free to ask questions if you get stuck."
- Circulate around the room to provide support and answer questions. Monitor student progress and understanding.

Step 4

Wrap-up & Share Out

5 minutes

Bring the class back together to review the worksheet. Use the More or Less Money Answer Key to guide the discussion.
- Teacher Script: "Let's go over some of the answers from our worksheet. Who would like to share their answer for question 1? What did you write and why?"
- Address any misconceptions and reiterate the importance of comparing money effectively in real life.
- Teacher Script: "Great job today, everyone! You've become money comparison experts! Remember to use these skills when you're helping with shopping or thinking about saving your own money."

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Slide Deck

More or Less Money: Counting Your Cash!

Let's become money masters!

Welcome students and introduce the topic of comparing money. Ask a thought-provoking question to engage them.

Why Compare Money?

When you're shopping for toys or snacks?
When you're saving up for something special?
When you're checking your allowance?

Encourage a brief discussion about why comparing money is an important skill in their daily lives. Guide them to think about shopping, saving, etc.

What is "More Than"?

When one amount has a greater value than another.

Example:

You have $10.00.
I have $5.00.

$10.00 is more than $5.00

Introduce the concept of 'more than'. Provide clear examples with different denominations of money.

What is "Less Than"?

When one amount has a smaller value than another.

Example:

Sarah has $2.50.
Tom has $4.75.

$2.50 is less than $4.75

Introduce the concept of 'less than'. Provide clear examples with different denominations of money.

What is "Equal To"?

When two amounts have the same value.

Example:

Mia has $3.00.
David has three $1.00 bills.

$3.00 is equal to $3.00

Introduce the concept of 'equal to'. Provide clear examples.

Let's Practice!

Is $0.75 (75 cents) more than, less than, or equal to $1.00 (one dollar)?

Answer: $0.75 is less than $1.00

Present a quick practice problem for students to solve together or in pairs. Ask them to state their answer using 'more than', 'less than', or 'equal to'.

Time to Practice!

Complete the More or Less Money Worksheet.

Remember to use our new vocabulary:

More Than
Less Than
Equal To

Explain that it's time for their worksheet. Remind them to use the vocabulary learned.

You're a Money Expert!

Great job today!

Keep practicing your money comparison skills. They will help you make smart choices every day!

Wrap up the lesson, emphasizing the importance of money comparison in real life. Praise their effort.

Worksheet

More or Less Money Worksheet

Instructions: Compare the two amounts of money in each question. Write "more than," "less than," or "equal to" in the blank space provided.

$5.00 is ______________ $3.50.
$1.25 is ______________ $2.15.
Two quarters are ______________ $0.50.
$10.00 is ______________ $9.99.
Three dimes and a nickel are ______________ $0.35.
$7.50 is ______________ $7.50.
A five-dollar bill is ______________ five one-dollar bills.
$0.99 is ______________ one dollar.
$15.00 is ______________ $1.50.
Ten pennies are ______________ one dime.

Answer Key

More or Less Money Answer Key

Here are the answers and reasoning for the More or Less Money Worksheet.

$5.00 is more than $3.50.
- Reasoning: When comparing dollar amounts, $5.00 has a larger whole number component (5) than $3.50 (3). Therefore, $5.00 is greater.
$1.25 is less than $2.15.
- Reasoning: When comparing dollar amounts, $1.25 has a smaller whole number component (1) than $2.15 (2). Therefore, $1.25 is smaller.
Two quarters are equal to $0.50.
- Reasoning: One quarter is worth $0.25. Two quarters would be $0.25 + $0.25 = $0.50. This is the same value as $0.50.
$10.00 is more than $9.99.
- Reasoning: Even though $9.99 is very close to $10.00, $10.00 has one more cent than $9.99. When comparing, $10.00 has a greater value.
Three dimes and a nickel are equal to $0.35.
- Reasoning: One dime is worth $0.10, so three dimes are $0.10 x 3 = $0.30. A nickel is worth $0.05. So, $0.30 + $0.05 = $0.35. This is the same value as $0.35.
$7.50 is equal to $7.50.
- Reasoning: Both amounts have the exact same dollar and cent values, making them equal.
A five-dollar bill is equal to five one-dollar bills.
- Reasoning: A five-dollar bill has a value of $5.00. Five one-dollar bills also sum up to $1.00 x 5 = $5.00.
$0.99 is less than one dollar.
- Reasoning: One dollar is equivalent to $1.00. $0.99 is less than $1.00 by one cent.
$15.00 is more than $1.50.
- Reasoning: When comparing the whole dollar amounts, $15.00 is significantly larger than $1.50.
Ten pennies are equal to one dime.
- Reasoning: One penny is worth $0.01, so ten pennies are $0.01 x 10 = $0.10. One dime is also worth $0.10.