Estimating and Counting Money

Omega L. Minor-Clark R. Nathaniel Dett Elementary School
2306 W. Maypole
Chicago IL 60612


The purpose of this lesson is to review estimating and rounding to the
nearest dollar as well as gain skills and practice in counting money. The
students will define the meaning of estimate and rounding. The students will
gain experience in estimating sums and products.

Materials Needed:

Toy cash register, game sheets, identification cards, play money, and
Jewel Food Store adds.


The students will play "Estimate the Cost" - a game similar to tic-tac-toe.
At the top of this game sheet are pictures of six different items with the
price tags attached. There are two game boards on the page (Game 1 & 2). Each
board contains nine boxes with various dollar amounts in each. The students
will select two items. Next they will round the prices to estimate the cost.
The cost will be located on the game board and marked with an X or an O. Three
marks in a line wins. Next the students will play "Estimate It". This game
follows the same rules, however, there will be four items in each line as
opposed to three items in each line in the first game played. The final game
will be "Estimate a Meal". In this game, the students will be divided into
groups of four. One student will be given a "breakfast" card to wear, another
student will be given a "lunch" card to wear, and the third student will be
given a "dinner" card to wear. Another student will wear a "cashier" card. The
students with the "meal" cards will use Jewel Food Store adds to select four to
six items for their particular meal. Next, the students will estimate the cost
of their meal (individually), go to the "Cash Machine" and make a withdrawal
using play money. Following this, the students will then go to the Jewel Food
Store and make their purchases. They will be given a total by the "cashier".
At this time the students will pay the cashier using the play money. The
cashier will then give the students their change by counting aloud. The
students will then count the change they received.

The counting of the change is the concluding activity.

Performance Assessment:

The teacher will evaluate the students as they estimate, count money and
make correct change using play money.

Return to Mathematics Index