Financial Literacy

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Title of Book:
Author:
Illustrator:
Publisher and Date:
ISBN:
The Monster Money Book
Loreen Leedy
Loreen Leedy
Holiday House, Inc. / 1992
0-8234-0922-8
Grade Levels for Recommended Use: 6th – 8th Grade
(6a) New Standards Introduction: The desire to achieve educational excellence is the driving force behind the
Texas Essential Knowledge and Skills for mathematics, guided by the College and Career Readiness Standards.
By embedding statistics, probability, and finance, while focusing on fluency and solid understanding, Texas
will lead the way in mathematics education and prepare all Texas students for the challenges they will face in
the 21st century.
(6.1A) The student is expected to apply mathematics to problems arising in everyday life, society, and the
workplace.
(6.4B) The student is expected to apply quantitative reasoning to solve prediction and comparison real-world
problems involving ratios and rates.
(6.4G) The student is expected to generate equivalent forms of fractions, decimals, and percents using realworld problems, including problems that involve money.
Brief Summary:
This read aloud math picture book is about a young girl and her monster friend that wish to join the Monster
Club. It describes how they need money to pay their weekly dues if allowed to join the club. It introduces
various financial concepts such as allowances, budgets, expenses and profits.
Materials needed:
Manipulatives to represent money (ex: counters for change and paper cut outs for bills). Pre-made deposit slips
and forms to represent bank checks. A list of prices for food party items. A worksheet listing the party details
such as the amount of guests attending. Envelopes labeled with the terminology questions that will allow them
to earn additional spending money.
Suggested Activity:
1. Have students work in groups of three to four. Have each student fill out a deposit slip after counting the
paper bills and coins in the deposit envelope.
2. Have the students calculate the location rental fee for the length of the party and then write a check for
that amount.
3. Have the students record all activity in the checkbook bank register.
4. Have the students earn extra party spending money by answering questions about finance by choosing
an envelope with the questions on it.
5. Have the students calculate the needed amount of food and the cost of the entire party grocery bill (have
them use the supplemental worksheets to help with this task).
Created By: Frances Martinez (2012)
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