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This cheat sheet helps young students recognize common paper money values from 1to1 to 20. Students learn to name each bill, read its value, and match the number on the bill to its money amount. The page is designed as a simple reference for classroom practice, math centers, or home review.

It uses play money pictures so children can focus on learning without confusing them with real currency.

Key Facts

  • A 1billhasavalueofonedollar,so1 bill has a value of one dollar, so 1 = 1 dollar.
  • A 5billhasavalueoffivedollars,so5 bill has a value of five dollars, so 5 = 5 dollars.
  • A 10billhasavalueoftendollars,so10 bill has a value of ten dollars, so 10 = 10 dollars.
  • A 20billhasavalueoftwentydollars,so20 bill has a value of twenty dollars, so 20 = 20 dollars.
  • The number on a bill tells how many dollars the bill is worth.
  • 20isgreaterthan20 is greater than 10, 10isgreaterthan10 is greater than 5, and 5isgreaterthan5 is greater than 1.
  • Play money may look like a bill, but it is labeled PLAY MONEY or NOT REAL MONEY and cannot be used to buy things.
  • To compare two bills, look at the dollar number and choose the larger number for the greater value.

Vocabulary

Bill
A bill is paper money that shows a dollar value.
Dollar
A dollar is a unit of money used to show how much something is worth.
Value
Value means how much money a bill is worth.
Play money
Play money is pretend money used for learning and practice.
Compare
Compare means to decide which value is greater, less, or the same.
Greater than
Greater than means a number or money amount is larger than another.

Common Mistakes to Avoid

  • Calling every bill one dollar is wrong because bills can have different values such as 1,1, 5, 10,and10, and 20.
  • Looking only at the bill color or picture is wrong because the printed number tells the value.
  • Thinking play money is real money is wrong because play money is labeled PLAY MONEY or NOT REAL MONEY and is only for practice.
  • Saying 5isgreaterthan5 is greater than 10 is wrong because 10 is a larger number than 5.
  • Forgetting the dollar sign is confusing because $5 means five dollars, while 5 alone is just the number five.

Practice Questions

  1. 1 What is the value of a bill with $10 printed on it?
  2. 2 Which bill has the greater value, 5or5 or 20?
  3. 3 If you have one 1billandone1 bill and one 5 bill, how many dollars do you have in all?
  4. 4 Why should school money be labeled PLAY MONEY or NOT REAL MONEY?