How to Teach Money Concepts

We don’t need a curriculum for everything. Some skills are learned naturally, organically. In fact, sometimes the learning happens amid our days and we miss it.

Some concepts are best taught and retained from experience with real-life objects.

Money is one of those topics.

The best way to understand money is to use it—take if off the page, get your hands on it, and practice the skills.

For children, preschool through elementary, learning money concepts will look like

Coin recognition - My husband’s spare change hangs out on the counter or in the console of the car. Most of our children have found it, eventually, inquiring, “May I have this?” There’s interest and engagement—a perfect combination for retention. A simple explanation—”This is a penny. This is a dime. This is a nickel. This is a quarter.”— while placing the coin in the child’s hand will effectively teach coin identification. Next time the coins are laying around, review the concept. If the child has a piggy bank or other collection container, empty the contents, sort the coins, and review the coin names. Coin recognition can be that simple, and it will stick.

Coin value - Maybe your child already knows the coin names and is ready to associate values— “A penny is one cent. This is a dime, it’s worth ten pennies. It’s ten cents.” This concept will take some time and practice to master, but again, with real coins and a piggy bank, there’s an undercurrent of interest.

Coin addition - Once the child recognizes the coin and it’s value, there’s almost an automatic need to be able to “find out home much I have”. Here begins the understanding of adding money—combining two groups. To move with the interest, place two or three coins in your learner’s hand. Add one from your hand and add the total of the two coins. Write the corresponding addition equation on a piece of paper so the child can associate the actual coins, their value, and the symbols of the equation. Start with pennies for the youngest learners and move to greater values, hence addition of two digits.

Calculated change - Once the concept of coin addition has been mastered, it’s time to tackle the concept of change—what will be given back after a purchase. The difference. We found this concept was easy to learn while playing store or working with oral problems. For example, “I have three quarters and want to buy this pencil for $0.65. What change will I receive back from the cashier?” Of course, the youngest learners will be best served using pennies and then moving to larger amounts.

Saving and Spending Real-Life Practice

Aside from playing store and counting money in a piggy bank, we give a few coins (maybe two dimes, a quarter, four nickels) every once and awhile, random amounts--could be a quarter or two dimes, whatever. We tell the child the money is his or hers and they can do with it what they choose. They quickly figure out if they save it, it adds up. The process naturally brings questions, everything from savings to buying houses to investing. Real money is a motivator. We do this for an entire school year because the lessons are so valuable. They are real world lessons of being faithful with little and being given much. The process also gives us the ability to see which of your children have a tendency to spend, give and save. It’s a window into their minds and hearts. They’ve all been different.

Playing Games

Games have offered opportunity to learn and practice money skills with larger amounts. Among the favorites are

• Allowance

• Monopoly

• Monopoly Jr.

• Life

This is just a sampling of ways real money aids in cementing important math skills and financial concepts, beginning with the youngest learners.

Those coins on your counter or in your console? Wonder and learning await. In fact, learning is likely happening and it’s waiting to be fostered.

Keep learning intentional and real and it will be remembered.

How to Use What You Have: Counting

We’ve adopted a phrase.

Use what we have to boost what we know.

Could mean one of two things.

Use the resources and items we have to learn something new.

Or

Use the resources and items we have to deepen or reinforce knowledge we learned previously.

Today, my mind is on counting!

Everywhere I look in my home there’s numbers—groups and sets. That’s how I want my children to understand numbers, counting—as part of every day. Last week I recorded a workshop - Math Never Tasted So Good—for the Keep Calm & Homeschool On Conference. I love encouraging families to help their children see math in the world. I reflected on the portion of the workshop which focused on counting.

Counting with little learners.

Counting crackers, rocks, trains, or whatever exists in the learner’s environment today leads to understanding of set notation, number operations, and more in the years to come.

How can I use what I have to foster or reinforce this skill?

Use Real. A vested interest sweetens the learning pot. If you think about it, this is true for adults as well. When you want to learn something or have something to gain, the motivation raises the need to master the skill. Where there is an interest or gain, there’s reason to learn. Find out what matters to your children and start there. Think cars, crackers, acorns, crayons, whatever can be counted or made into groups.

Skills

• Count to five by one.

  • Write those numbers in order.

• Make piles (sets or groups) of one, two, three, four, and five.

• Count to ten by one.

  • Write those numbers in order.

• Make piles (sets or groups) of ten.

• Count to twenty by one.

  • Write those numbers in order.

• Count by two to twenty.

  • Write those numbers in order.

• Make piles (sets or groups) of ten and use those groups to count by tens.

• Use dimes to count by ten.

• Count by ten to one hundred.

  • Write those numbers in order.

• Use nickels to count by five.

• Count by five to one hundred.

  • Write those numbers in order.

• Count by 100.

Keep it Real Activities

• Count the oranges in the two pound bag.

• Count the bananas in a bunch.

• Count a specific number of carrots to clean and cook for a meal.

• Count cars as they are put away for the day.

• Set the table - practice one-to-correspondence and counting table guests.

• Count the slices in a pizza.

• Count the tiles across the kitchen floor.

• Use snack crackers to make piles of two. Count by two.

• Make a number scavenger hunt.

• Play hopscotch - write the numbers and then count while hopping.

Counting and Reading Aloud. Counting books have cycled in and out of our home in our learning seasons with littles. Decades as little learners intentional about conquering counting concepts have helped to grow our list of favorites. Noticing some of our favorites are disappearing from the library shelves, I have intentionality purchased copies to add to our home library so we don't lose our loves. 

• How Many Snails? Rich, bold vibrant colors invite little learners to jump in and count! Though counting is the main skill reinforced, attributes, following directions, and processing fair well, too. One of our favorites! Author: Paul Giganti, Jr. 

• The M&M Counting Book. The familiar candies on the front draw readers to the content. Once opened, this book teaches counting through 12, counting sets, and beginning addition and subtraction. Author: Barbara Barbieri McGrath

• Counting is for the Birds. The rhyming text makes this brilliantly illustrated counting-to-twenty book an all-time favorite of ours. Author: Frank Mazzola, Jr.

• Cardinal Numbers: An Ohio Counting Book. Counting 1-14 with beautiful illustrations and real-world word problems on the last pages, this book is one of many in the Sleeping Bear Press series. A favorite for older children, too, as side bars on each page offer additional opportunities for curious learners. Author: Marcia Schonberg

• Great Estimations. An intriguing look at estimating as an advanced counting technique. Great photography, fun examples, and helpful hints for counting objects in large numbers. Great for older learners, too! Author: Bruce Goldstone.

• The Coin Counting Book. Counting takes another journey into the world of coin recognition and value. Great for beginner coin counters who have a piggy bank of coins waiting to be counted.  Another of our favorites due to the interest most kids have in money. Author: Rozanne Lanczank Williams.

• Eating Pairs: Counting Fruits and Vegetables by Two. Reading and learning odds and evens go hand-in-hand with this unique counting book. We love that the numbers are written down the side bar of each page, begging for us to count along...again! Author: Sarah L. Schuette.

• 10 Little Rubber Ducks. Fictionalized counting story of a real-life event presented alongside the classic Eric Carle collage art. Bright illustrations and a intriguing story line. Great addition to the home library, for sure! Author: Eric Carle.

Make a Counting Book. Grab an old magazine, weekly grocery ad, or catalog, cut out groups of objects and make a counting book.

Opportunities for learning and practicing counting skills abound in our days. How can we be intentional, real, and relational about those moments?

When Homeschooling Has to Happen Away from Home

An elderly grandmother needing care. 

An unexpected hospital stay.

A medical emergency.

There have been seasons in our homeschooling journey when we had to take education on the road, away from the house.

Often, those seasons weren't optional or even anticipated like the field trips we eagerly scheduled to local children's museums or park days with friends. And, generally those seasons were unexpected, not planned. 

During one such season, great-grandma had multiple doctor's appointments. Learning looked different. Instead of reviewing math at the kitchen table, we answered word problems in the car or waiting in the doctor's office. And, of course there were life skills like holding the door while Grams pushed her walker through the entrance.

In those seasons, we schooled out of a canvas tote bag packed intentionally for unexpected moments when learning happened away from home. Included in the bag were

• review worksheets
• a family read-aloud
• plain white drawing paper
• colored pencils, and
• educational games

When we weren't on the road, the tote bag remained by the front door, ready to grab should we have to leave quickly. As children mastered concepts, finished independent reads, or bored of games, I replenished the contents. 

There was also a season--years later--when Grammy was nearing the end of her life. Those four months were the most spontaneous of my twenty-three year homeschooling journey. In a moment's notice, we had to be ready to relocate and educate en-route or on-site. There were days when we were gone all day, spending hours in places where we had to be quiet and occupied. Though I re-instated the tote bag routine, often what was packed wasn't sufficient or appropriate for the situation. And, there were times we needed diversion, a change, something to divert attention if even for a few minutes.

During that season in our journey, we: 

• Counted. For our littlest learners, counting always helped to pass time whether driving or waiting. We would count by ones, twos, fives, tens, and hundreds, depending on the skill level of the learner. I kept scrap paper and handwriting paper in my purse so that if we were in a place where we could write, we would practice forming numbers or writing numbers in sequence. To vary the game, I would say a number and the learner would say the number before and after the given number. 
• Practiced oral math facts. With multiple ability children riding in the van, I gave the youngest learner an easy addition problem, the next learner a harder addition fact, and the oldest elementary learner a multiplication problem or oral word problem.

In doing so, each learner was able to work at whatever level he or she needed to. The oral review was good for everyone!

• Played "Starts With". This game was one of those which we could start or stop at any time. For the youngest learners, I would say a letter and ask for each child to say a word which started with the given letter. For example, I would say "F" and she would say "fish". For older learners, I would give a consonant blend (br, sl, sk, ch, bl, st, cr, etc.) or change the request, perhaps asking for a word that ended with a given consonant or consonant blend. 
• Spelled most frequently misspelled words. I kept a list of words--varied levels because though a word on a list is placed in one grade, it may be placed in another grade on another list--in my tote bag to pull out when needed. To practice, I asked each learner to spell a word at their learning level. I would say the word, use it in a sentence, and then ask the learner to spell the word orally. After the learner spelled the word, I would repeat the correct spelling and ask the next child a different word. This would allow learners who were listening to either learn new words or review silently the spelling of mastered words. This activity helped pass the time in the van, waiting room, or surgery center. Click the button for a free printable of frequently misspelled words. Remember, use this list as a guide, in a manner most helpful to your leaner. A third grade learner might be able to spell fifth grade words and vice versa.

• Rhymed words. For this oral game--which we played in the car and in waiting rooms--I would say a word and whoever was with me at the time would say a word which rhymed with the given word. To change up the activity, we would take turns being the first to give a word. This game could be started or stopped at a moment's notice. 
• Read and retold. Listening to and then retelling a story in sequence is an activity which is extremely beneficial for developing processing skills. I would read a picture book or a chapter in a chapter book and then ask learners to retell the story. To vary the game, I would start with the first event and then ask a learner to recall the next event. Together we would retell the story event by event.
• Matched states and capitals. Like the math and spelling drills, I would move around the van offering a new state or capital to each learner. In response, the learner would orally provide the match. Again, I would choose states or capitals based on the level of the child. Younger learners always started with his or her state, a relative's state, or a state we had recently studied. To change up the game, I would offer a state abbreviation and the learner would say the corresponding state. We played this game in the car while riding to great-grandma's assisted living complex. Click the button for a printable list of states and capitals.

• Played "I am Thinking of an Animal", taking turns giving clues and answers. Sometimes I made this game geographically or biome specific. For example, the parameters may have been jungle, rainforest, ocean, forest, etc. This allowed every learner to play, little to big. One of our favorite places to play this game was in the garden gazebo at great-grandma's assisted living center.
• Listened to audio books. Audio resources--music, books, plays--offered a calming diversion in otherwise disheartening circumstances. In addition, older learners were able to download audio books to a Kindle or reader and take learning with us no matter where we had to be. Our high schooler even used our experiences to earn high school credits (that's another blog post). Audio resources have been a means of continue reading or learning subjects we might not have been able to otherwise.  
• Played games. Grammy loved games and was able to play up until just weeks before she passed. She loved BINGO (great for number recognition for my littles), UNO, Othello (great for strategy), and Scrabble (spelling!). We played, enjoyed our time together, and learned!
• Talked. There was much to process after every visit with Grammy: her health, her future, her care, the people we met, on and on. Our children always had questions and it was important to put down the books and talk through concerns and questions. Through conversation, sometimes tears, we process our journey together. The relationships deepened as a result. 

I have to be honest, there were many valuable real-life learning opportunities in our unexpected seasons of education away from home--things we couldn't have learned at home.

During appointments we listened to nurses and doctors explain medical conditions, talked to patients in waiting rooms, opened and held doors for people who couldn't do so for themselves, and asked Grammy questions about her childhood. She was able to tell us about her life during the Great Depression. She remembered man walking on the moon and President Kennedy's assassination. She was a living history book!

When Grammy's health warranted stays in assisted living facilities and we visited several times a week, we made friends with nursing staff and residents. When we visited, we were able to help push resident's wheelchairs, encourage the nursing staff with treats and kind words, and visit and play games with residents who didn't have many visitors. During the holidays, we participated in an egg hunt with residents and made Christmas cards. In addition, we had important conversations about life, death, relationships, and medical care. We learned how to care for people, to extend love to folks who were walking through tough circumstances. Those months were a challenging physically and emotionally. However, relationally those four months were some of the most precious in our family's life together. 

Those days had to be intentional, real, and relational because truly every moment mattered.

We wouldn't have experienced these precious times if we weren't homeschooling. 

Have you had seasons like these, times when home education needed to be portable, moments when real and relational learning far outweighed the paper trail of progress? 

What did you do? Please share in the comments. 

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Read Aloud to Foster Counting Skills

Counting books cycle in our home; about every four years over the past two plus decades as little learners grow and start their quest to conquer the concepts and skills involved in counting. 

Noticing some of our favorites are disappearing from the library shelves, intentionality finds me adding to our home library so we don't lose our loves. 

How Many Snails? Rich, bold vibrant colors invite little learners to jump in and count! Though counting is the main skill reinforced, attributes, following directions, and processing fair well, too. One of our favorites! Author: Paul Giganti, Jr. 

M&M Counting Book. The familiar candies on the front draw readers to the content. Once opened, this book teaches counting through 12, counting sets, and beginning addition and subtraction. Author: Barbara Barbieri McGrath

Counting is for the Birds. The rhyming text makes this brilliantly illustrated counting-to-twenty book an all-time favorite of ours. Author: Frank Mazzola, Jr.

Cardinal Numbers: An Ohio Counting Book. Counting 1-14 with beautiful illustrations and real-world word problems on the last pages, this book is one of many in the Sleeping Bear Press series. A favorite for older children, too, as side bars on each page offer additional opportunities for curious learners. Author: Marcia Schonberg

Great Estimations. An intriguing look at estimating as an advanced counting technique. Great photography, fun examples, and helpful hints for counting objects in large numbers. Great for older learners, too! Author: Bruce Goldstone.

The Coin Counting Book. Counting takes another journey into the world of coin recognition and value. Great for beginner coin counters who have a piggy bank of coins waiting to be counted.  Another of our favorites due to the interest most kids have in money. Author: Rozanne Lanczank Williams.

Eating Pairs: Counting Fruits and Vegetables by Two. Reading and learning odds and evens go hand-in-hand with this unique counting book. We love that the numbers are written down the side bar of each page, begging for us to count along...again! Author: Sarah L. Schuette.

10 Little Rubber Ducks. Fictionalized counting story of a real-life event presented alongside the classic Eric Carle collage art. Bright illustrations and a intriguing story line. Great addition to the home library, for sure! Author: Eric Carle.