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Math

  • The child has learned the concept of money and its value.
  • The child has practiced counting and adding money.
  • The child has understood the concept of paying for goods and receiving change.
  • The child has learned about different denominations of coins and bills.

To further develop their understanding of money and financial literacy, you can encourage the child to play pretend shopkeeper games at home. They can take turns being the customer and the shopkeeper, practicing counting money, making purchases, and giving and receiving change. You can also introduce them to the concept of budgeting by giving them a certain amount of play money and having them decide what items they can afford to buy within their budget.

Book Recommendations

  • The Berenstain Bears' Dollars and Sense by Stan and Jan Berenstain: This book follows the Berenstain Bears as they learn about money and the importance of saving, spending wisely, and giving to others.
  • A Chair for My Mother by Vera B. Williams: This heartwarming story tells the tale of a young girl, her mother, and her grandmother saving money to buy a comfortable chair after losing their belongings in a fire.
  • A Bargain for Frances by Russell Hoban: In this book, Frances the badger learns an important lesson about fairness, friendship, and the value of money when she is tricked by her friend Thelma in a trade.

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