Money MattersWebquest for 2nd GradeCreated By: Yasmin, Eddie, and Nicole



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Introduction

Money is a very important part of any person’s life. Counting, saving, and earning money is a useful skill to master from an early age. We will figure out how we can begin to learn about money. You can do fun things at home, with a little help from an adult, plus, you can have fun using interactive programs on the internet.

Tasks- Complete 3 of 6

  • Learn to count and save money by looking throughout your home; in couch cushions, under beds, on the floor of the family car, and get some help figure out how many cents each coin is worth and count up all the new money you just made.
  • Next, go online by following the Apples for Teachers link and get further help in a fun way.

  • Ask permission to run a lemonade stand after school or over the weekend. Be sure to pay attention to how much all you need costs and after you figure out a price get lots of practice making change for your customers.
  • Practice for your new business by going online and following the lemonade stand game. Create your own stand and figure out how to handle your money when it is raining outside or when it gets very hot and more people are thirsty.


  • Either set up an actual chores list with an amount of allowance your parents will agree to pay you for completing each task or make up a pretend one and charge your parents pretend money for a job well done. Discuss a “payday” with your parents and learn the values of saving your hard earned money.
  • Go online to the game on the PBS website provided where you will be able to virtually save up for a special item you want. But be careful, you never know what kinds of things you’ll need to spend your allowance money on in thirty days.



Processes

Get a jar, plastic baggie or any type of container that can hold loose change. Next search all over your house and pick up all the coins you find. You can do this in an hour or two or collect money over the course of the week, taking walks outside, on the floor of the car, anywhere people might drop money. When you’re done, get together with an adult and count how much money you have found. Try and remember how many cents each coin is worth by paying attention to what they look like and how big they are. You can even use a calculator if you find enough coins. Next, get online with the help of an adult and click on the apples4theteacher link. First you will choose the “easy” difficulty level. Later on as you get better at counting money, you will be able to try harder levels. Next choose between one of three fun characters to play with. After you choose, your character’s mouth will move but sound won’t come out. He will let you know by reading the words what you should do with the money on the screen. Your character will tell you how much money to put on the table and help you out along the way.

If your parents say it is ok, go with them to the store to buy supplies for a lemonade stand. Tell them you will pay them back with all the money you make selling lemonade. You have just negotiated your first business loan. Decide on a price and make a sign. Be sure to have a box with some money inside for change. Practice money skills by making change for your customers all day. If you cannot have an actual lemonade stand, have an adult help you run one online by clicking on the lemonade stand game link. First have the adult read the explanation and then click on “OK” twice. You will begin with $20 on day one and the game will tell you how hot it is outside. Pay attention to the weather as you go, remembering what kind of weather people are most likely to want to buy lemonade in. You have a month of buying supplies and selling cold lemonade, so be smart with your money and make a bunch!

Get together with your parents and create a list of jobs or chores they would like you to do around the house. If it is OK with them, set up an allowance, which is money you can earn by doing these jobs. If a real allowance is not available, maybe a pretend one can be paid to you. It is a really nice thing to help your parents around the house anyways. Decide on if your parents will pay you weekly, or daily, or every two weeks. Before you start, think of something you really want to buy and have an adult help you figure out exactly how much it would cost to buy it in a store. Before you start getting allowance, try and guess how long it would take you to save that much money by thinking about how much you will get paid and when. Next, make sure to get all the chores done that you promised to do. You can also practice the art of saving allowance money by playing the It’s my life game on the PBS website by clicking the link. First you have to pick one of four fabulous items to save up for; some are more expensive than others. You will begin with $5 in your piggy bank with many chances over 30 days to make and spend money. Try and make it the full month with enough money to buy that special thing you chose.



Resources

http://www.lemonadestandgame.com/
http://pbskids.org/itsmylife/index.html
http://www.apples4theteacher.com/math.html
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Illinois Learning Standards

Measurement and Data 2.MDWork with time and money.
8. Solve word problems involving dollar bills, quarters, dimes, nickels, and pennies, using $ and ¢ symbols appropriately. Example: If you have 2 dimes and 3 pennies, how many cents do you have?

NETS-S

4. Critical Thinking, Problem Solving, and Decision Making Students use critical thinking skills to plan and conduct research, manage projects, solve problems, and make informed decisions using appropriate digital tools and resources. Students:
b. plan and manage activities to develop a solution or complete a project.
c. collect and analyze data to identify solutions and/or make informed decisions.

Assessment

Category
4
3
2
1
8 Question Addition Test
One to two questions wrong
Two to three questions wrong
Three to Four questions wrong
More than four questions wrong
Tasks
Three Tasks completed
Two Tasks completed
OneTask completed
No Tasks completed



Conclusion

Now you know how to count, handle and save money. Think about all the great things you can buy for yourself if you know the smart way to save money; and know how much you have!