This is an introductory lesson to the value of nickles, so your child probably won't fully grasp the concept of 'one nickle equals five pennies'. Don't worry about that, you will have plenty of opportunities to practice making change later. This just lays the groundwork. Remember, we're going slow to give the child ample and varied opportunities to completely grasp the concept.
Lesson : How Much Is A Nickle?
Objective: Child will understand that a nickle is worth 5 cents.
Materials: 'Hundred Penny Pie' sheet. Printout of pennies and nickles. Construction paper. Glue. Crayons. Scissors. Money pocket chart.
Process:
1. Go to the pocket chart. Review that one penny equals one cent.
2. Put a card saying, '5 cents' on the next line of the chart. Instruct child to count out five pennies to make five cents.
3. Say, "There's another way you can make five cents." Show a nickle. Say, "A nickle is worth five cents." Put the nickle on the next line of the pocket chart, with the labels, 'nickle', and, '5 cents'.
4. Pull out the Hundred Penny Pie sheet you made last lesson.
5.Say, "Now we're going to show how five pennies equals one nickle. A penny is five cents. A nickle is five cents. They're both worth the same thing, five cents." Have child color and cut out pennies and glue them onto the new Hundred Penny Pie (the one I used had each 5 cent portion cut apart). Color and glue a nickle over each 5 cent pie piece. Glue down on construction paper, and label.
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