Chapter 1: Money and Basic Transactions
20 mins today
Suitable for kids 5-8 years old
5-min video, 9 worksheets, 1 activity
2 weeks hands-on practice
IN THIS LESSON
Money and basic transactions
Embark on a delightful journey where kids explore the vibrant universe of money in its various forms! This session lays the foundational stone in the realm of financial literacy, introducing young minds to the essentials of earning, saving, and spending wisely. It's not just a lesson; it's the beginning of empowering our little ones with the basics that pave the way towards becoming financially savvy individuals.
Key learning goals:
Understand the history and different forms of money
Understand how transaction works, recognize value of money and price tags
Understand affordability and receiving correct change
Understand the basics of earning, saving, and spending money
Learn about money and transactions with Professor PiggyPlay
Embark on a delightful journey where kids explore the vibrant universe of money in its various forms! This session lays the foundational stone in the realm of financial literacy, introducing young minds to the essentials of earning, saving, and spending wisely. It's not just a lesson; it's the beginning of empowering our little ones with the basics that pave the way towards becoming financially savvy individuals.
Parent-kid activity
Block an uninterrupted 25 mins with your kids in a comfortable space
Open or print out the activity guide below
Tell your child about your job, how you get paid, and what you use the money for the family
Let’s do it together…
Open and print out the worksheet below
Before we start each worksheet, explain the work sheet in your own words to your child
Play the explainer video and review the completed worksheet with your child
Milestones
Cash notes and coins
Differentiate coins (1 dollar, 50 cents, 20 cents)
Differentiate notes (2 dollars, 5 dollars, 10 dollars)
Cashless payment - such as credit card and QR code
Kids understand different forms of money
Hold money on their own
Cash transaction: cash payment, receiving goods, and getting back correct change
Cashless transaction: cashless payment and receiving goods
Counting and saving money
