Money

Introduction

Money is an important part of our everyday life. From buying chocolates to getting a bus ticket or paying for groceries, we use money all the time. In Class I, we introduce children to the basic concepts of money using real-life examples, pictures of coins and notes, and fun-filled activities.

This chapter helps children:

• Recognize Indian coins and notes
• Understand the concept of buying and selling
• Use money in simple transactions
• Build awareness of value

Section 1: What is Money?

In earlier times, people used the barter system to exchange goods. Today, we use money, a common method to buy and sell items.

Uses of Money

• To buy goods and items
• To pay for services
• To save and store value

Section 2: Indian Currency

India uses Rupees (₹) and Paise as currency.

Coins in Use

• ₹1, ₹2, ₹5, ₹10

Notes in Use

• ₹10, ₹20, ₹50, ₹100, ₹200, ₹500

All notes and coins have numbers that show their value.

Section 3: Identifying Coins and Notes

• Learn to identify by color, size, number, and shape
• Match items with their price
• Compare values

Activity: Coin and Note Hunt

Ask students to sort, name, and identify coins and notes using real or play money.

Section 4: Understanding Value

Examples:

• ₹2 is less than ₹5
• ₹10 is more than ₹1

Activity: Which is More?

Show two notes and ask which one is of greater value.

Section 5: Let’s Buy Something!

We use money to buy things. Everything has a price. You must pay the correct amount.

Example: A chocolate costs ₹5. You give ₹5 and get the chocolate.

Activity: Classroom Shop

Label objects with prices and let children "buy" using play money.

Section 6: Simple Addition Using Money

Teach basic addition using currency.

• ₹2 + ₹2 = ₹4
• ₹5 + ₹10 = ₹15

Activity: How Much Do I Have?

Give coins to children and ask them to total their value.

Section 7: Matching Items and Prices

Item	Price
Pencil	₹5
Chocolate	₹10
Ice Cream	₹20
Ball	₹50

Section 8: Story Time – Learn with Fun

Rani’s Sweet Shop

Rani had ₹20. She bought a ladoo for ₹10 and a chocolate for ₹5.

• How much did she spend? ₹15
• How much is left? ₹5

Section 9: Fun Rhymes About Money

Section 10: Worksheets and Practice

Tick the Correct Answer

• Which is more?
  • ₹5
  • ✅ ₹10
• What can you buy with ₹20?
  • A ball worth ₹50 ❌
  • Two ice creams worth ₹10 each ✅

Circle the Correct Total

• ₹2 + ₹5 = ⭕ ₹7 ⭕ ₹6 ⭕ ₹10
• ₹10 + ₹10 = ⭕ ₹20 ⭕ ₹30 ⭕ ₹10

Colour the Note

Give black-and-white outlines of ₹10, ₹20, ₹50 notes and let children color them.

Section 11: Teacher Tips

• Use real coins and notes where possible
• Use role play, flashcards, and games
• Encourage piggy bank use for saving
• Keep concepts simple and interactive

Section 12: Integration with Other Subjects

• EVS: Talk about banks, shops, and earning
• Art: Make paper wallets, draw currency
• Language: Money-based storytelling
• Math: Simple addition using money

Section 13: Values to Teach Through Money

• Honesty in payment
• Responsibility and savings
• Sharing and helping

Section 14: Common Mistakes and Corrections

• Thinking bigger coins are always more valuable
• Confusing ₹1 and ₹10
• Difficulty adding coins

Solutions

• Repeat with real coins
• Use story and group activity to reinforce
• One concept per class

Section 15: Learning Outcomes

By the end of this chapter, students will be able to:

• Identify Indian currency (coins and notes)
• Understand basic buying and selling
• Match items with prices
• Do simple additions using money

Conclusion

Teaching children about money gives them a valuable life skill. It builds confidence and responsibility. Through games, stories, role play, and real examples, children can understand how to recognize and use money meaningfully.