1) People earn money by working at different kinds of jobs. Your parents may pay you to do extra chores around the house.
2) You can use money to pay bills, buy things from stores, and save it in the bank.
3) Before people had money, they traded things with each other. Some people used beads or shells for money.
4) The numbers on the paper money tell how many dollars it is worth. Coins are made from different kinds of metal and are worth part of a dollar. Dollar coins are worth one dollar; cents are counted in amounts less than a whole dollar (e.g., 100 cents = 1 dollar).
5) We count money that is less than a whole dollar in cents. A penny is worth 1 cent, a nickel is worth 5 cents, a dime is worth 10 cents, and a quarter is worth 25 cents.
Parent Tip: Review the logic above to help your child master the concept of 2nd grade reading comprehension worksheets multiple choice.