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- Description:Study.com Log in Course NavigatorNext Lesson Counting Money: Lesson for Kids Chapter 4 / Lesson 11 Lesson Quiz Course Instructor: Sabrina Hairston Sabrina has taught a variety of subjects and grades as a substitute teacher and will complete her MAT in 2016. Cite this lesson Save 2,839 views Like this lesson Share In this lesson, you will learn the values of four of the most commonly used American coins and how to add them together in order to count money. An example will also be given that will walk you through the process of counting mixed change. The Importance of Knowing How to Count Money Counting money allows us to see how much we have. Whether you are saving up for a new bike or just wanting to buy a candy bar, you will need to know how to count money in order to know if you have enough. There are a few things you should know before you start counting. Coin Values In America, we have four coins that are used the most. Those are the penny, the nickle, the dime, and the quarter. These four coins have unique values, they are not worth the same value. The penny is worth 1 cent. The nickle is worth 5 cents. The dime is worth 10 cents and the quarter is worth 25 cents. Coins with names Once you understand the value of each coin, you can then begin to count it. How to Count Counting money is very similar to counting numbers. In both circumstances, we use addition. The difference is what number we use to count by. Pennies As we said earlier, a penny is worth 1 cent. Therefore, when we count pennies we count by ones. One penny equals one cent; two pennies equal two cents, three pennies equal three cents, and so on. It takes one hundred pennies to make one dollar. Nickles When we count nickles, we count by fives because a nickle has a value of 5 cents. One nickle equals 5 cents, two nickles equal ten cents, three nickles equal 15 cents, and so on. It takes 20 nickles to make a dollar. Dimes Dimes have a value of 10 cents. So when counting dimes, you count by tens. One dime equals 10 cents, two dimes equal 20 cents, three dimes equal 30 cents, and so on. It takes 10 dimes to make a dollar. Quarters Quarters are a bit different. They are worth 25 cents. In order to count quarters we count by twenty-fives. One quarter equals 25 cents, two quarters equal 50 cents, and three quarters equal 75 cents. Four quarters make a dollar. It does not take nearly as many quarters to make a dollar as it does with the other coins. This is because the value of the quarter is much higher than the value of the other coins. To unlock this lesson you must be a Study.com Member. Create your account Register to view this lesson Are you a student or a teacher? Counting Money: Lesson for Kids Related Study Materials Related Recently Updated Popular Explore Subjects Create an account to start this course today Used by over 30 million students worldwide Like this lesson Share Explore our library of over 83,000 lessons Search Search Courses & Lessons Browse Browse by subject ×Study.com iconStudy.com Study.com FREE – on Google Play INSTALL Download the app Get it on Google PlayGet it on the App Store Plans Student Solutions Teacher Solutions Study.com for Schools Working Scholars® Solutions About Us Blog Careers Get Your School Listed Teach For Us Press Center Support Contact Support FAQ Site Feedback Expert Help © copyright 2003-2021 Study.com. All other trademarks and copyrights are the property of their respective owners. All rights reserved. Terms of Use Privacy Policy DMCA Notice ADA Compliance Honor Code For Students Support
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