Money Money Money

Last week we talked about New Year’s Resolutions. In January, many people decide to pay off debt for the year. Let’s talk about money!

How many bills are there? 

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photo by WT instructor Jaimie Newsome

photos by WT instructor Jaimie Newsome

In the United States, we use dollar bills (paper money) and coins (metal money). There are seven bills: $1, $2, $5, $10, $20, $50, and $100. Two dollar bills are not very common. In the past, there were bills for $500, $1,000, $5,000, $10,000, and $100,000, but we don’t use them now.

We say $1.00 (one dollar) for one.

We say $2.00 (two dollars) for two, $3.00 (three dollars) for three, etc.

How many coins are there?

There are seven coins: 1¢, 5¢, 10¢, 25¢, 50¢, $1 (Susan B. Anthony), and $1 (Golden Dollar, Sacajawea).

photo by WT instructor Jaimie Newsome

Quarter, dime, nickel, penny (photo by WT instructor Jaimie Newsome)

We say 1¢ (one cent) for one.

We say 2¢ (two cents) for two, 3¢ (three cents) for three, etc.

Every coin has a name. Do you know the names?

  • 1 cent = 1 penny
  • 5 cents = 1 nickel
  • 10 cents = 1 dime
  • 25 cents = 1 quarter
  • 50 cents = 1 half-dollar
  • $1 (Susan B. Anthony) = 1 silver dollar
  • $1 (Sacajawea) = 1 golden dollar

The most common coins are pennies, nickels, dimes, and quarters.

How do you say cost? 

If there are no cents, you only say the number.

$5.00 = five dollars

$150.00 = one hundred (and) fifty dollars

If there are dollars AND cents, you have two options.

$5.99

  • Option 1: five dollars (and) ninety-nine cents
  • Option 2: five ninety nine

$29.50

  • Option 1: twenty-nine dollars (and) fifty cents
  • Option 2: twenty-nine fifty

PRACTICE! Write the numbers:

  1. nine hundred dollars
  2. eight forty seven
  3. twelve eleven
  4. one dollar and eighty-two cents
  5. eighteen dollars and eighty cents
  6. three hundred twenty-nine dollars and twelve cents
  7. four fifty
  8. one dime
  9. one quarter
  10. one nickel

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