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What Is Money?

Money Basics

Day 146of 180
Week 30of 36
20Minutes
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πŸ–¨οΈ Download Worksheet (PDF)

Learning Objectives

1

Understand what money is used for

2

Learn that money helps us meet needs and wants

3

Recognize money as a gift from God

Ecclesiastes 5:19

β€œEvery man also to whom God has given riches and wealth, and has given him power to eat of it, and to receive his portion, and to rejoice in his laborβ€”this is the gift of God.”

β€” Ecclesiastes 5:19 (WEB)

Money is a gift from God that helps us meet our needs

πŸ“¦ Materials Needed

  • Real or play coins
  • Picture of a store
  • Toy items
  • Paper and crayons

Lesson Plan

1Opening (5 min)

Gather children and show a few coins. Ask them what they know about money.

πŸ’­ Review Question: What do you think money is used for?
2Teaching (7 min)

Explain that money is something we use to buy things we need like food, clothes, and things we want like toys.

πŸ“Œ Key Talking Points:
  • Money helps us trade for things we need
  • God provides money as a way to take care of our family
  • Money is a tool to help others
πŸ’¬ Discussion Questions:
  • What things do families need to buy?
  • How can we use money to help others?
3Activity: Money Sorting Game (6 min)
hands-on

Children sort toy items into 'needs' and 'wants' categories

πŸ“ Instructions:
  1. Spread out toy items
  2. Create two areas: 'Needs' and 'Wants'
  3. Help children categorize items
  4. Discuss why some things are needs and some are wants
πŸ”„ Variations:

Simpler: Adult helps sort items

Challenge: Children explain why they sorted each item

4Closing (2 min)

Remind children that God gives us money to help take care of our family and others

πŸ“ Review Questions:
  • What is money used for?
  • Who gives us money?
πŸ™ Prayer:

Dear Jesus, thank You for giving our families what we need. Help us use money wisely.

Coming up: Tomorrow we will learn about different types of coins!

Proverbs 3:9

β€œHonor Yahweh with your wealth, and with the first fruits of all your increase.”

β€” Proverbs 3:9 (WEB)

🎯 Activity: Simple hand motions while saying the verse

Teaching Notes

πŸ“š Background:

First-graders are beginning to understand basic economic concepts

πŸ’‘ Teaching Tips:
  • Use concrete examples
  • Make learning fun and interactive
  • Emphasize God's provision
πŸ€” Common Struggles:

Differentiating between needs and wants

πŸ‘€ Signs of Understanding:

Understanding that money is a tool, not just something to collect

Extension Activities

  • Draw a picture of something the family needs
  • Help sort real groceries at home
  • Talk about ways to save money

Ready for Tomorrow?

Great job completing today's lesson!

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