{"id":4798,"date":"2022-01-30T10:40:38","date_gmt":"2022-01-30T10:40:38","guid":{"rendered":"https:\/\/oryxlearning.com\/company\/?page_id=4798"},"modified":"2022-03-03T13:47:20","modified_gmt":"2022-03-03T13:47:20","slug":"money","status":"publish","type":"page","link":"https:\/\/oryxlearning.com\/learn\/money\/","title":{"rendered":"Money"},"content":{"rendered":"[vc_section full_width=”stretch_row” content_placement=”middle” css=”.vc_custom_1633364343825{background-image: url(https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/10\/10-min-scaled.jpg?id=2121) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_id=”bg-sec”][vc_row full_width=”stretch_row_content” el_class=”faaaq”][vc_column width=”1\/12″][\/vc_column][vc_column width=”1\/2″ css=”.vc_custom_1633761494145{border-radius: 1px !important;}”][vc_row_inner content_placement=”middle” el_class=”topheadingg”][vc_column_inner width=”1\/6″][vc_single_image image=”2283″ img_size=”full”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]\n<h5>Money<\/h5>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_column_text el_class=”headingnew”]Concept[\/vc_column_text][vc_column_text]Money can be used as a medium of exchange such as coins, notes, etc used to pay for services and commodities. We give money in return for anything like chocolates, cake, fruits, food, football, bat, racket, house, or, anything which can be used for selling or buying we exchange money for those things. Money is used in the form of paper or coins, money is usually issued by a government and generally used its face value as a method of payment for things. Economists typically defined money as a widely accepted means of payment. Money is anything that can be easily used for goods and services.<\/p>\n<p>The US dollar is the official currency of the United States of America. A currency is the system of money used in a country.<br \/>\n<strong>Here are the various cent coins. \u00a2 stands for cent.<\/strong><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/identify-and-count-money-us-dollars-new\"><img loading=\"lazy\" class=\"alignnone wp-image-4816 size-full\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/3-11.png\" alt=\"\" width=\"312\" height=\"196\" srcset=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/3-11.png 312w, https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/3-11-300x188.png 300w\" sizes=\"(max-width: 312px) 100vw, 312px\" \/><\/a><\/p>\n<p><strong>Here are the different US dollar bills or notes. $ stands for dollar.<\/strong><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/identify-and-count-money-us-dollars-new\"><img loading=\"lazy\" class=\"alignnone wp-image-4802 size-full\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/4-11.png\" alt=\"\" width=\"257\" height=\"287\" \/><\/a><br \/>\n[\/vc_column_text][vc_column_text el_class=”headingnew”]Rules[\/vc_column_text][vc_column_text]<strong>1. Count bills<\/strong><br \/>\n1. Identify each of the bill and its value both the front and back side, give its name and how much it is worth.<br \/>\n2. One of the easiest ways to count money is to start by sorting the bills into groups. Once you have all of the same bills together, the next step will be much easier.<br \/>\n3. Find the bills with the biggest value. Since all of the bills in that group have the same value they can use skip counting to count them.<\/p>\n<p><strong>2. Count coins<\/strong><br \/>\n1. Identify each of the coins and its value both the front and back side, give its name and how much it is worth.<br \/>\n2. One of the easiest ways to count money is to start by sorting the coins into groups. Once you have all of the same coins together, the next step will be much easier.<br \/>\n3. Find the coins with the biggest value. Since all of the coins in that group have the same value they can use skip counting to count them.<\/p>\n[\/vc_column_text][vc_column_text el_class=”headingnew”]Example[\/vc_column_text][vc_column_text]<span style=\"color: #16a085;\"><strong>How much money is there?<br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\"><img loading=\"lazy\" class=\"alignnone wp-image-4804 size-full\" style=\"margin-top: 10px;\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/5-9.png\" alt=\"\" width=\"292\" height=\"334\" srcset=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/5-9.png 292w, https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/5-9-262x300.png 262w\" sizes=\"(max-width: 292px) 100vw, 292px\" \/><\/a><\/strong><\/span><\/p>\n[\/vc_column_text][vc_column_text el_class=”headingnew”]Solution[\/vc_column_text][vc_column_text]1. Start counting the bills.<br \/>\nThere is one $5 bill and three $1 bills.<\/p>\n<p>Total bills are $5 + $3 = $8<\/p>\n<p>2. Start counting the coins.<br \/>\nThere is one dime (10 cents) and 2 pennies (2 cents)<\/p>\n<p>Total coins are 10 cents + 2 cents = 12 cents.<\/p>\n<p><span style=\"color: red;\"><strong>There are $8 and 12 cents altogether.<\/strong><\/span><br \/>\n[\/vc_column_text][vc_column_text el_class=”headingnew”]Practice Money[\/vc_column_text][vc_row_inner el_class=”boxxborder”][vc_column_inner][vc_column_text]\n<h5 style=\"margin-bottom: 10px;\">Practice Problem 1<\/h5>\n<p><span style=\"color: #16a085;\"><strong>How much money is there?<\/strong><\/span><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\"><img loading=\"lazy\" class=\"alignnone\" style=\"margin-top: 10px;\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/6-10.png\" alt=\" Money - Practice Problem 1\" width=\"237\" height=\"198\" \/><\/a><\/p>\n[\/vc_column_text][vc_single_image image=”2159″ img_size=”full” alignment=”right” onclick=”custom_link” link=”https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-“][\/vc_column_inner][\/vc_row_inner][vc_empty_space][vc_row_inner el_class=”boxxborder”][vc_column_inner][vc_column_text]\n<h5 style=\"margin-bottom: 10px;\">Practice Problem 2<\/h5>\n<p><span style=\"color: #16a085;\"><strong>How much money is there?<\/strong><\/span><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\"><img loading=\"lazy\" class=\"alignnone wp-image-4808 size-full\" style=\"margin-top: 10px;\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/7-10.png\" alt=\" Money - Practice Problem 2\" width=\"245\" height=\"213\" \/><\/a><\/p>\n[\/vc_column_text][vc_single_image image=”2159″ img_size=”full” alignment=”right” onclick=”custom_link” link=”https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-“][\/vc_column_inner][\/vc_row_inner][vc_empty_space][vc_row_inner el_class=”boxxborder”][vc_column_inner][vc_column_text]\n<h5 style=\"margin-bottom: 10px;\">Practice Problem 3<\/h5>\n<p><span style=\"color: #16a085;\"><strong>How much money is there?<\/strong><\/span><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\"><img loading=\"lazy\" class=\"alignnone wp-image-4810 size-full\" style=\"margin-top: 10px;\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/8-8.png\" alt=\" Money - Practice Problem 3\" width=\"206\" height=\"248\" \/><\/a><\/p>\n[\/vc_column_text][vc_single_image image=”2159″ img_size=”full” alignment=”right” onclick=”custom_link” link=”https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-“][\/vc_column_inner][\/vc_row_inner][vc_empty_space][vc_row_inner el_class=”boxxborder”][vc_column_inner][vc_column_text]\n<h5 style=\"margin-bottom: 10px;\">Practice Problem 4<\/h5>\n<p><span style=\"color: #16a085;\"><strong>How much money is there?<\/strong><\/span><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\"><img loading=\"lazy\" class=\"alignnone wp-image-4812 size-full\" style=\"margin-top: 10px;\" src=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/9-6.png\" alt=\" Money - Practice Problem 4\" width=\"297\" height=\"458\" srcset=\"https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/9-6.png 297w, https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/11\/9-6-195x300.png 195w\" sizes=\"(max-width: 297px) 100vw, 297px\" \/><\/a><\/p>\n[\/vc_column_text][vc_single_image image=”2159″ img_size=”full” alignment=”right” onclick=”custom_link” link=”https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-“][\/vc_column_inner][\/vc_row_inner][vc_empty_space][\/vc_column][vc_column width=”1\/3″ css=”.vc_custom_1633369011398{margin-bottom: 50px !important;}”][vc_row_inner el_class=”stickynotee”][vc_column_inner][vc_single_image image=”2265″ img_size=”full” alignment=”center” css_animation=”fadeIn” css=”.vc_custom_1633509989314{border-radius: 10px !important;}” el_class=”stickypin”][vc_column_text]<strong>Money<\/strong> – the medium of exchange such as notes, coins, and demand deposits, used to pay for commodities and services.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_column_text el_class=”boxxborder2″ css=”.vc_custom_1636708757535{border-radius: 10px !important;}”]<span style=\"color: #ed5600;\"><strong>Pre-requisite Skills<\/strong><\/span><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/skip-counting-by-2s\"><span style=\"color: #ed5600;\">Skip Counting by 2s<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/skip-counting-by-5s\"><span style=\"color: #ed5600;\">Skip Counting by 5s<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/skip-counting-by-10s\"><span style=\"color: #ed5600;\">Skip Counting by 10s<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/number-patterns-2s-5s-and-10s\"><span style=\"color: #ed5600;\">Number Patterns 2s, 5s and 10s<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/addition-count-on\"><span style=\"color: #ed5600;\">Addition – Count On<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/subtraction-count-back\"><span style=\"color: #ed5600;\">Subtraction – Count back<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/identify-numbers-up-to-100\"><span style=\"color: #ed5600;\">Identify Numbers up to 100<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/compare-numbers\"><span style=\"color: #ed5600;\">Compare Numbers<\/span><\/a><br \/>\n<a href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/order-of-numbers\"><span style=\"color: #ed5600;\">Order of Numbers<\/span><\/a>[\/vc_column_text][vc_column_text el_class=”boxxborder2″ css=”.vc_custom_1636708947325{border-top-width: 7px !important;border-right-width: 7px !important;border-bottom-width: 7px !important;border-left-width: 7px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;border-left-color: #333399 !important;border-left-style: solid !important;border-right-color: #333399 !important;border-right-style: solid !important;border-top-color: #333399 !important;border-top-style: solid !important;border-bottom-color: #333399 !important;border-bottom-style: solid !important;border-radius: 10px !important;}”]<span style=\"color: #333399;\"><strong>Related Skills<\/strong><\/span><br \/>\n<span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/identify-and-count-money-us-dollars-new\">Identify and count money (US Dollars)<\/a><\/span><br \/>\n<span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/counting-money-ii-us-dollars-\">Counting money – II (US Dollars)<\/a><\/span><br \/>\n<span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/exchange-money-us-dollars-\">Exchange money (US Dollars)<\/a><\/span><br \/>\n<span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/en.oryxlearning.com\/question\/maths\/1st-grade\/use-money-us-dollars-\">Use Money (US Dollars)<\/a><\/span><br \/>\n[\/vc_column_text][vc_row_inner equal_height=”yes” el_class=”btninlinespacing”][vc_column_inner][vc_btn title=”Grade 1″ color=”warning” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F1st-grade%2Fmaths|title:Grade%201%20Math||”][vc_btn title=”Grade 2″ color=”danger” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F2nd-grade%2Fmaths|title:Grade%202%20Math||”][vc_btn title=”Grade 3″ color=”violet” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F3rd-grade%2Fmaths|title:Grade%203%20Math||”][vc_btn title=”Grade 4″ color=”blue” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F4th-grade%2Fmaths|title:Grade%204%20Math||”][vc_btn title=”Grade 5″ color=”green” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F5th-grade%2Fmaths|title:Grade%205%20Math||”][vc_btn title=”Grade 6″ color=”info” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F6th-grade%2Fmaths|title:Grade%206%20Math||”][vc_btn title=”Grade 7″ color=”vista-blue” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F7th-grade%2Fmaths|title:Grade%207%20Math||”][vc_btn title=”Grade 8″ color=”mulled-wine” link=”url:https%3A%2F%2Foryxlearning.com%2Fgrade%2F8th-grade%2Fmaths|title:Grade%208%20Math||”][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=”yes” el_class=”btninlinespacing”][vc_column_inner][vc_btn title=”Comparing” color=”warning” link=”url:https%3A%2F%2Fen.oryxlearning.com%2Ftopics%2Fmaths%2Fcomparing|title:Comparing||”][vc_btn title=”Money” color=”danger” link=”url:https%3A%2F%2Fen.oryxlearning.com%2Ftopics%2Fmaths%2Fmoney|title:Money||”][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=”yes” el_class=”btninlinespacing”][vc_column_inner][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section]\n","protected":false},"excerpt":{"rendered":"<p>[vc_section full_width=”stretch_row” content_placement=”middle” css=”.vc_custom_1633364343825{background-image: url(https:\/\/oryxlearning.com\/learn\/wp-content\/uploads\/2021\/10\/10-min-scaled.jpg?id=2121) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_id=”bg-sec”][vc_row full_width=”stretch_row_content” el_class=”faaaq”][vc_column width=”1\/12″][\/vc_column][vc_column width=”1\/2″ css=”.vc_custom_1633761494145{border-radius: 1px !important;}”][vc_row_inner content_placement=”middle” el_class=”topheadingg”][vc_column_inner width=”1\/6″][vc_single_image image=”2283″ img_size=”full”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text] Money [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_column_text el_class=”headingnew”]Concept[\/vc_column_text][vc_column_text]Money can be used as a medium of exchange such as coins, notes, etc used to pay for services and commodities. We give money in return for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.0 (Yoast SEO v17.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Money | Oryx Learning<\/title>\n<meta name=\"description\" content=\"Money can be used as a medium of exchange such as coins, notes, etc used to pay for services and commodities. 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