Money

On April 4, 2011, we blogged about how Nomen Global offers cheaper tuition and cost of living than other English schools in Provo and the United States. This blog post is to make sure you know how to use all that money that you’ve saved by coming to Nomen Global Language Centers.

Often when going to a new country either for business, pleasure, or to study, people don’t consider learning about the money system. The denominations might be confusing at first, but with this quick lesson and a little practice, you’ll be able to buy those souvenirs for yourself and your friends and family back home.

First off, we have one dollar.  Here is an example of a dollar bill.  However, there are also dollar coins. The two most recent dollar coins are the Sacagawea Dollar and the Presidential Dollar coins. You’ll hear people refer to a dollar is a “buck.” For example, “It cost me 20 bucks.”

Now, there are different denominations of bills. There’s a one dollar bill. 

But there's also a 2 dollar bill,

a 5 dollar bill,

a 10 dollar bill,

a 20 dollar bill,

a 50 dollar bill,

and a 100 dollar bill.

Now anything less than one dollar is counted in cents. 100 cents make one dollar and they are represented by coins. One cent is called a penny, 5 cents is a nickel, 10 cents is a dime, 25 cents is a quarter, and 50 cents is a half dollar. The math is pretty straight forward: 5 pennies equals a nickel, 2 nickels equals a dime, 2 dimes and a nickel equals a quarter, etc.

And there you have it, a quick guide to United States money. Now here’s a riddle for you: A woman has two coins that equal 30 cents in total. One of them is not a nickel. What are the two coins? The answer will be in one of next week’s posts!

To learn more about Nomen Global Language Centers visit our website.