Money Egss

Topic: Economics Money

Grade: 2nd grade
Teacher: Miss Quanrud
Iowa Core: Social Studies Economics
- Understand that a price is the amount of money people pay for a good or service.
- Understand that since people cannot have everything they want, they must make choices about using goods and services to satisfy
wants.
Objectives:
- Students, when being a customer to Mrs. Quanruds second grade store, will be able to define price as the amount of money he or she
will pay for their good with 100% accuracy.
- Students will be able to make a choice and identify goods and services that satisfy their wants whether that is through sharing, saving,
or spending their money with 100% accuracy, based on their choice and rational.
Materials:
- Easter eggs
- $3.50 of coins per student placed in eggs
- Envelopes (three per students) labelled share, save, spend
- Markers: label the envelopes students will not need the markers
- Cash Register
- Ice cream cone clip art Want
- Pencil clip art Want/Need
- Rainbow loom bracelets clip art Want
- Bottled Water clip art Need

- Banana clip art Need

- Toothbrush clip art Need
- Have all store items on hand as students will be purchasing them from the store inform students that if they have an allergy or if
anyone is lactose intolerant, they do not need to worry. Students can still purchase the ice cream choice as Ms. Quanrud will have Lactaid, which is an allnatural ice cream that is lactose free!

Activity:
- Each student is provided one egg. It is the students job to crack the egg and determine how much money he or she has within his or
her own egg ($4.50 per student)
- Once students determine how much money he or she has, students will have to decide how much they are wanting to share, save,
and spend. They will place the money in each of their envelopes labelled share, save, and spend. Students are not obligated to share, save, or
spend a particular amount (students will write each amount on a post-it note and stick it to the proper envelope).
* If students decide to share their money, they will be asked to put a post-it note on their share envelope representing where
their money is going. For example, the student could share their money with the Ronald McDonald House.
-

Each student is provided one egg. It is the students job to crack the egg and determine how much money he or she has within his
or her own egg ($4.50 per student).
Once students determine how much money he or she has, students will have to decide how much they are wanting to share, save,
and spend. They will place the money in each of their envelopes labelled share, save, and spend. Students are not obligated to
share, save, or spend a particular amount (students will write each amount on a post-it note and stick it to the proper envelope).
o If students decide to share their money, they will be asked to put a post-it note on their share envelope representing where
their money is going. For example, the student could share their money with the Ronald McDonald House.
After determining how much students will share, save, and spend, students will take their spending envelope, wallet, and head to
the classroom store!
Students then have the option of buying whatever is within their limit to spend and will give the cashier (teacher or advanced
students, see modifications below).
At the end students will discuss with one another the following questions (other questions to follow, which will be based on student
response).
o How were we able to total $3.50 in (number of students) different ways?

o
o
o
o
o
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Why did you decide to save as much as you did?

Why would you save more if you had the chance to do this again? Or would you save less and why?
What influenced you to give to ______________?
What was the individual price of each of your items that you bought?
What was your final price from your shopping spree?
How did you determine what you would buy and what you would not buy?

Modifications:
Advanced learners: students who are advanced in this area will do the same activity, however, instead of me being the cashier, the advanced
learner(s) will be the cashier and would be in charge of the following tasks at the store:

Able to state the price of the individual items.

Add the prices together to formulate a total.
Subtract specific prices if and when student realize they went over the amount they set aside for spending.
Able to take the proper amount from students for their goods.
Provide students the goods they purchased.

Those who may struggle: would have assistance from the teacher in helping them count up their total amount of money found in their egg and
the teacher would visually represent how much each item cost as well as the amount students say they would like to share, save, and spend
allowing students to visually see their process and determine if that would work for them or not. Thus, allowing students to make changes
where necessary.

Money Egg Directions:

Starting Materials:

Individually:
1. Crack open one egg
2. Count the total amount of money found within your
egg.

3. Decide how much you will: Share, Save, Spend

4. Place such said amounts into the proper envelopes
and write the amount on a post-it note and stick to
the proper envelope. (Repeat for each envelope).
5. On a post-it note write down the organization,
community outreach program, etc. you would like to
share your money with.
6. Take your spending envelope and go to the
classroom store to purchase your goods.
Group:
1. Discussion

1. One Egg
2. One Pencil
3. Three Envelopes
4. Three Post-it notes four if you decide to share your
money.

Miss Quanruds 2nd Grade Store

Food:

Prices:
$1.40

Ice Cream
$0.50
Banana
$1.00
Bottled Water

Other:

Rainbow Loom Bracelet

Pencil

Toothbrush

Prices:
$1.30
$1.00
$0.75