Did You Know?

Some coins are worth more than others!

How We Get Money

We get money by doing jobs. Kids can earn money by doing chores.

What We Buy With Money

We use money to buy food and toys. We can also buy clothes and games.

What money Does

Money helps us buy what we need.

We can save money for later.

Money helps us trade things.

We can use it to pay for fun.

Money can help us help others.

It is a way to keep track of value.

More About money

Long ago, people used things like shells or stones as money. They would trade these for food or other things. Now, we have coins and bills that are easier to use.

Money is part of our lives every day. We use it to buy snacks, toys, and clothes. When we go to the store, we pay with money.

In the future, we might use cards or even phones to pay. Money will keep changing, but it will always help us buy what we want!

How Topics Connect

graph TD A["Money"] --> B["Medium of Exchange"] A["Money"] --> C["Unit of Account"] A["Money"] --> D["Store of Value"] A["Money"] --> E["Standard of Deferred Payment"] B["Medium of Exchange"] --> F["Facilitates Trade"] C["Unit of Account"] --> G["Measures Value"] D["Store of Value"] --> H["Preserves Wealth"]

What Do These Words Mean?

verifiable record:a document or proof that can be checked for accuracy
medium of exchange:something used to buy and sell things
unit of account:a way to measure and compare the value of different items
store of value:something that keeps its value over time
standard of deferred payment:an agreed way to pay for something later