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Common Cents SS.4.FL.2.5 Explain that costs are things that a decision maker gives up; benefits are things that a decision maker gains. Make an informed.

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Presentation on theme: "Common Cents SS.4.FL.2.5 Explain that costs are things that a decision maker gives up; benefits are things that a decision maker gains. Make an informed."— Presentation transcript:

1 Common Cents SS.4.FL.2.5 Explain that costs are things that a decision maker gives up; benefits are things that a decision maker gains. Make an informed decision by comparing the costs and benefits of spending alternatives. SS.4.FL.2.6 Predict how people’s spending choices are influenced by prices as well as many other factors, including advertising, the spending choices of others, and peer pressure. Gr. 2 Financial Literacy

2 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Where does money come from? How do you count money in order to buy things? Essential Question How should I sort these coins in order to easily count them?

3 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Have you ever wondered where money comes from? Introduction Actually, money comes from the government where it is made. The Bureau of Engraving and Printing makes paper money and the United States Mint makes coins.

4 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 President George Washington established the US mint in 1792. Before this, there was no uniform coinage – meaning each state issued its own coins. George and Martha Washington donated silver from their household goods which was used to make the first coins. History of the US Mint

5 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Millions Data Source: tps://en.wikipedia.org/wiki/United_States_Mint_coin_productiontps://en.wikipedia.org/wiki/United_States_Mint_coin_production Click here to read an eBook on how a coin is born.

6 CoinValueHow to Count Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Counting Coins Penny 1 ¢ Nickel 5 ¢ Quarter 25 ¢ Dime10 ¢ Half Dollar One Dollar 50 ¢ $1.00 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 5, 10, 15, 20, 25, 30, 35, 40 10, 20, 30, 40, 50, 60, 70, 80 25, 50, 75, 100, 125, 150, 175 50, 100, 150, 200, 250, 300 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

7 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 25 10 10 1 1 1 25 35 45 46 47 48 1.Order coins from greatest value to least. 2. Label the value of each coin. 3.Count by that number (add). Learning to count coins is easy if you follow these steps.

8 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 10 10 10 10 5 5 1 1 10 20 30 40 45 50 51 52 1.Order coins from greatest value to least. 2. Label the value of each coin. 3.Count by that number (add). Let’s try another!

9 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 How many different ways can I make… 25 cents How many different ways can I make…. 1 quarter 25 pennies 2 dimes 1 nickel 5 nickels 1 dimes 1 nickel 5 pennies

10 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 How many different ways can I make… 45 cents How many different ways can I make…. 1 quarter 2 dimes 20 pennies 2 dimes 1 nickel 1 quarter 1 dime 2 nickel 4 dimes 5 pennies 7 nickels 1 dime

11 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 The Bureau of Printing and Engraving is where bills are printed. There are current seven bills in circulation. Can you spot the rarest? Click below to watch a video of how bills are printed MP4 VideoMP4 Video or YoutubeYoutube Due to lack of use the $500, $1000, $5000, and $10,000 bills were discontinued in 1969. The $2 bill is rare. But there are still almost 2 billion in circulation worldwide.

12 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Now it’s time to show off your COMMON CENTS !

13 Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Where does money come from? How do you count money in order to buy things? Essential Question How should I sort these coins in order to easily count them?

14 Sources Grade 2 Financial Literacy SS.4.FL.5.1, SS.4.FL.5.2 Federal Reserve Currency http://www.federalreserve.gov/faqs/currency_12600.htm US Mint Coin Curriculum Resources http://www.usmint.gov/kids/teachers/coincurricula/ Reading Rainbow Video: How Money is Made https://www.youtube.com/watch?v=oEePLZxLcVo EBook: How a Coin Is Made http://www.usmint.gov/kids/cartoons/birthOfACoin/


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