Money - First Grade
What is Money?
Concept: Money is what we use to buy things! In India, our money is called Rupees (₹). We use coins and notes to pay for items.
Why Do We Need Money?
✓ To buy food, clothes, and toys
✓ To pay for services like transport
✓ To save for future needs
✓ To help others and donate
Indian Currency:
• Symbol: ₹ (Rupee symbol)
• 100 paise = ₹1 (1 Rupee)
• We use both coins and notes
💡 Tip: Always keep money safe and count it carefully!
1. Coin Values
Concept: Coins are small, round pieces of metal money. Each coin has a different value. Let's learn about Indian coins!
💰 Indian Coins We Use
₹1
₹1 Coin
One Rupee
₹2
₹2 Coin
Two Rupees
₹5
₹5 Coin
Five Rupees
₹10
₹10 Coin
Ten Rupees
Coin Value Chart:
| Coin | Value | In Words |
|---|---|---|
| ₹1 | 1 Rupee | One Rupee |
| ₹2 | 2 Rupees | Two Rupees |
| ₹5 | 5 Rupees | Five Rupees |
| ₹10 | 10 Rupees | Ten Rupees |
Important Coin Facts:
✓ Coins are made of metal
✓ Each coin has two sides: Head and Tail
✓ Bigger coins don't always have more value
✓ The Ashoka Pillar is on most Indian coins
💡 Tip: Look at the number on the coin to know its value!
2. Count Coins
Concept: When we have multiple coins, we add their values together to find the total amount of money.
Steps to Count Coins:
Step 1: Identify each coin and its value
Step 2: Group coins of the same value together
Step 3: Count coins starting with the highest value
Step 4: Add all the values to get the total
📝 Example 1: Counting Same Coins
Count: Three ₹2 coins
₹2
₹2
₹2
Solution:
₹2 + ₹2 + ₹2 = ₹6
Total = ₹6
📝 Example 2: Counting Different Coins
Count: One ₹10 coin, Two ₹5 coins, One ₹2 coin
₹10
₹5
₹5
₹2
Solution:
₹10 + ₹5 + ₹5 + ₹2 = ?
10 + 5 = 15
15 + 5 = 20
20 + 2 = 22
Total = ₹22
Quick Counting Tricks:
✓ Start counting from the largest coin value
✓ Group same coins together (2+2+2 = 6)
✓ Use skip counting for repeated coins
✓ Double-check by counting again
💡 Tip: Practice counting with real coins at home!
3. Count Notes
Concept: Currency notes (or paper money) have higher values than coins. Each note has a specific value printed on it.
💵 Indian Currency Notes
₹10
Ten Rupees
₹20
Twenty Rupees
₹50
Fifty Rupees
₹100
Hundred Rupees
₹200
Two Hundred
₹500
Five Hundred
Note Value Chart:
| Note | Value | In Words |
|---|---|---|
| ₹10 | 10 Rupees | Ten Rupees |
| ₹20 | 20 Rupees | Twenty Rupees |
| ₹50 | 50 Rupees | Fifty Rupees |
| ₹100 | 100 Rupees | Hundred Rupees |
| ₹200 | 200 Rupees | Two Hundred Rupees |
| ₹500 | 500 Rupees | Five Hundred Rupees |
📝 Example: Counting Notes
Count: Two ₹50 notes and One ₹20 note
₹50
₹50
₹20
Solution:
₹50 + ₹50 + ₹20 = ?
50 + 50 = 100
100 + 20 = 120
Total = ₹120
Note Facts:
✓ Notes are made of paper
✓ Each note has a different color
✓ Mahatma Gandhi's picture is on Indian notes
✓ Higher value notes are usually bigger in size
💡 Tip: Count notes carefully and keep them safe!
4. Counting Coins and Notes Together
Concept: Sometimes we have both coins and notes together. We count them all to find the total money.
Steps to Count Mixed Money:
Step 1: Separate coins and notes
Step 2: Count all notes first (bigger values)
Step 3: Then count all coins
Step 4: Add both totals together
📝 Example: Mixed Money
Count: One ₹20 note, One ₹10 coin, Two ₹5 coins
₹20 Note
₹10
₹5
₹5
Solution:
Notes: ₹20 = 20
Coins: ₹10 + ₹5 + ₹5 = 20
Total: 20 + 20 = 40
Total Money = ₹40
💡 Tip: Always count notes first, then add coins - it's easier!
Money Quick Reference
| Type | Values Available | Material |
|---|---|---|
| Coins | ₹1, ₹2, ₹5, ₹10 | Metal (round) |
| Notes | ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 | Paper (rectangular) |
Important Money Vocabulary
- Money: What we use to buy things (coins and notes)
- Rupee (₹): Indian currency symbol and unit
- Coin: Small metal money (₹1, ₹2, ₹5, ₹10)
- Note/Currency Note: Paper money (₹10, ₹20, ₹50, ₹100, etc.)
- Value: The worth or amount of a coin or note
- Count: To add up the total amount of money
- Total: The complete sum of all money
- Paise: Smaller unit (100 paise = ₹1)
🎯 Tips for Money Success 🎯
- ✓ Learn to identify each coin and note by its value
- ✓ Always count from highest to lowest value
- ✓ Group same coins/notes together before counting
- ✓ Practice with real money at home (with parents)
- ✓ Double-check your counting by adding again
- ✓ Keep money safe and handle it carefully!
⭐ You're a Money Expert! ⭐
Excellent work learning about money! You now know how to identify Indian coins and notes, count their values, and add them together. These are important life skills that you will use every day. Remember to save money, spend wisely, and always count carefully. Keep practicing and you'll be a money master!