Q&A #459

Counting Money

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From: Marielouise (for Teacher2Teacher Service)
Date: Aug 01, 1998 at 15:45:47
Subject: Re: Counting Money

Some children learn to count money long before they come to school. Their parents provide them with the opportunity. If not, it is never to early to try. Play money can take the place of real money. I believe that it is important for children to understand the equivalence of 5 pennies = 1 nickel and all of the other equivalences. When it comes to actually counting money, start with the piece that stands for the most pennies and add lesser values. This takes place in the lower elementary levels when students start doing multiples. A child will have a difficult time knowing how much 3 quarters is! The child does not study the 25 times table! For this the child could make equivalences such as two dimes and a nickel or preferably five nickels. By second grade students should be able to count by fives. You asked what are the steps. I believe: first knowing equivalences in terms of pennies and secondly doing sums by equivalences in the highest value that they know. This is something that children learn very quickly. There is, however, strong motivation since even children like money! -Marielouise, for the Teacher2Teacher service

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