Teaching money in first grade is an important step in building foundational math and financial literacy skills. With the right money activities, students can confidently identify coins, understand their value, and count collections of money, which tends to be the most exciting part for them! Let’s talk about how to make teaching money hands-on, effective, and of course, aligned to first grade.

What the Standards Say About Teaching Money in First Grade
According to the Texas Math TEKS for 1st Grade, students are expected to:
- Identify U.S. coins, including pennies, nickels, dimes, and quarters, by value (1.4A)
- Describe relationships among coins (such as how many pennies equal a nickel) (1.4A)
- Write a number using the cent symbol to describe the value of a coin (1.4B)
- Use counting strategies, including skip counting, to determine the value of a collection of coins (1.4C)
These standards make it clear that first graders need more than simple coin recognition. They need structured money activities that build understanding step by step.
Start with Strong Foundations: Math Read Alouds About Money
Before jumping into hands-on practice, introduce money concepts through engaging read-alouds. If you are around here often, you know how much I value read alouds and how research supports read alouds as a tool for helping build skilled readers! Books help students connect math to real life and build vocabulary in a natural way.
Some great options include:
- A Dollar, A Penny, How Much and How Many?
- The Coin Counting Book by Rozanne Lanczak Williams
- Bunny Money by Rosemary Wells
These read alouds are great to start discussion about coins. Another set of my favorite little books were from Scholastic years ago. They are by Mary Hill.
Money Activities That Build Skills Step by Step
When we are beginning to teach money activities, we want to make sure we are scaffolding kids learning well. We want them to have a strong foundation. We should move from identification to counting and then to application. Here’s an example of a sample progression you could follow.
1. Coin Identification and Sorting
Begin with explicit instruction on coin names and values. Use anchor charts and coin posters so students can visually connect the coin’s appearance to its value.

Hands-on activities might include:
- Sorting mixed coins by type
- Matching coins to value cards
- Creating coin rubbings and labeling them
- Playing “I Spy” with coin characteristics
- Working on coin puzzles that match fronts, backs, values, and names


Repetition at this stage is essential. Students must confidently recognize coins before they can count them.
2. Understanding Coin Relationships
Next, teach how coins relate to each other. For example:
- 5 pennies equal 1 nickel
- 10 pennies equal 1 dime
- 2 nickels equal 1 dime
Use manipulatives so students can physically trade coins and see these relationships in action. This builds number sense and supports future work with place value. Using a number line for this is a GREAT way for kids to visually see what is happening abstractly.

3. Counting Collections of Coins
Once students understand values and relationships, they’re ready to count collections. Encourage efficient strategies such as:
- Counting by fives for nickels
- Counting by tens for dimes
- Adding pennies last
Games are especially helpful here. Here are a few you can try!
- Partner practice with mixed coin bags
- Math centers with task cards
- Classroom “store” activities where students count coins to purchase items


These types of structured money activities reinforce skills while keeping engagement high.
4. Writing Money Values Correctly
Students should also practice writing values using the cent symbol (¢). Provide opportunities to:
- Label coin pictures with correct values
- Record totals of coin collections
- Complete quick exit tickets naming coins and writing their value


5. Applying Skills Through Word Problems
Now, if you feel your students are ready, you can challenge them to apply their money counting knowledge to word problems. This typically is tricky for first graders because they are still very much so learning to read. You can start with simple word problems such as:
- You have 3 nickels. How many cents do you have?
- A snack costs 10¢. You have a quarter. How much change will you receive?
Application problems move students beyond memorization and into reasoning. They really have to put on their thinking cap for this!
Reinforce Learning with Music and Video
Adding songs throughout the unit to help kids remember coin values and names is always fun for them! I liked to add them to our math warm ups.
These catchy songs reinforce coin names and values while providing movement and repetition. Use them as a warm-up, brain break, or review tool throughout your money activities.
Make Teaching Money Easier
Planning meaningful, standards-aligned money activities takes time. Lessons need to build logically from identification to counting to application. Activities must be engaging, structured, and developmentally appropriate.
That’s exactly why I created my Money Unit.

This resource was designed to make your life easier. The lessons are sequenced so the skills build naturally upon each other.
- Teaching suggestions are included to guide you through each stage — from introducing coin names to counting mixed collections with confidence.
- Posters, games, worksheets, and anchor charts are all ready to go, so you don’t have to create materials from scratch.
Instead of scrambling to piece together activities, you’ll have everything organized and aligned in one place. The work is done for you, which means you can focus on teaching and supporting your students.
If you’re looking for structured, engaging money activities that align with first grade TEKS and simplify your planning, this unit was created with you in mind!








