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Spending Money

Subject: Math
Grade Level: 2

I. Topic: Spending money

II. Objectives: Content Objective- Students will add and subtract various amounts of money with 100% accuracy. Students will compare different prices. Students will estimate how much different items will cost, then find the actual price. Students will correctly use the ($) and (.) symbols. Language Objective- Student will locate the classified section. Student will scan, skim, and read the newspaper to see how much items cost. Students will justify their purchases. Students will describe at least two characteristics about one item of their choice.

III. Sunshine State Standards: MA.A.3.1 Student understands the effect of operations on numbers and the relationship among these operations, selects appropriate operations and computes for problem solving; MA.B.3.1 Student estimates measurements in real world problems situations; LA.A.2.1- Uses simple materials of the Reference system to obtain information

IV. Materials: Newspaper, fake money

V. Teaching Procedures:
A. Introduction: Begin by asking the class who would like to have 200 dollars to spend? Then pass out $200 of fake money to each child. Tell them that they can use this money in class today. Talk about the currency in various other countries for example $200 is how many pesos or English pounds. This will make any students from another country feel very good!
B. Developmental Procedures: Explain to the class that with this money they must buy a pet, one piece of furniture, and one item that is important to them. They have to look through the classified section of the newspaper to find each of these things and how much they cost. They will estimate how much the items all together will cost, then the students will add all of the prices of the items together. They will then subtract that total from the total amount of money they were given. Questions to ask the students: What do you do if you spend over $200? What kinds of things are you finding in the newspaper? How can you use the newspaper later? How can you estimate how much something will cost?
C. Closure: Have each student tell what they bought that was important to them and why. Tell the class how much money they had left over or tell how far over the $200 they went. Students will tell two reasons why they bought an item.

VI. Lesson Evaluation: The lesson will allow students to familiarize themselves with the newspaper. They will practice their addition and subtraction facts. They will learn to read the newspaper to find things that suit their interests and apply this to everyday life. The lesson will also teach them about spending money. It will give them perspective on how fast money can be spent. I will evaluate the students on how accurate their addition and subtraction was.

VI. ESOL Strategies: 13. Utilization; 19. Directions; 28. Oral Conversation/Disclosure; 47. Individual Communication; 51. Simple Teacher Responses; 53. Regularly Check for Comprehension

Carly Carlsward
Stetson University

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