Learning About Money In Kindergarten

Children in Kindergarten are starting to be exposed to and learn about coins and money.  This is a much harder skill than it was when I was in school.  The reason for this is that most of today’s 5 and 6 year olds live in households that deal exclusively with plastic money…debit cards and credit cards.  They very rarely see parents paying with cash, let alone coins.  When I began my unit on money with my Kindergartners I was not surprised to see that most of my children did not recognize the coins, know the names of our coins, and they certainly did not know the value of the coins.  We review all of our coins every day and talk about the value of these coins.  Learning the value is also difficult for children because they do not readily understand that the small dime can be worth more money than the larger nickel.  It is time for your child to learn all of our coins and all of the value of our coins.  Keep a dish of change in your kitchen and have your child touch and feel these coins to familiarize himself/herself with them. They will need to go over the money again and again and again until they really can understand the coins and their worth.  Here is a website that has some songs and rhymes to teach your child to help him/her learn about money.http://www.canteach.ca/elementary/songspoems70.html

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1 Comment

Filed under First Grade, Kindergarten, Math

One response to “Learning About Money In Kindergarten

  1. I applaud your efforts in taking this learning concept seriously. My personal view is that any learning around money needs to begin with a basic education in economics and not money per se. As you rightly point out, what is money? Is it a commodity, something equally tangible such as a coin, or is it a leap of faith?

    The very mention of the word economics is likely to drive many away, but the truth of the matter is understanding economics is child’s play (http://4freeworld.wordpress.com/2010/04/26/understanding-economics-is-childs-play/).

    When you as a teacher have a good grasp on basic economic principles, it becomes clearer who is the real beneficiary of your teaching. I would kindly invite you to read the first two chapters of my book, What You Should Learn About Money But Were Never Meant To Know (http://4freeworld.wordpress.com/about/). It might just change your own views on money, and the way you teach the subject!

    Respectfully,

    Freethinker

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