HOW TO USE THIS RESOURCE!
Thank you for downloading this editable product. This last year, my partner teachers and I started using the classroom economy system. I found it took a lot of time, but there are many benefits to having a classroom economy, which is why I will continue to implement it this upcoming school year. Thus, I created my own product to fit my classroom.
Last year students would have the option to purchase their desk, but I found, to collect rent each month, and pay them monthly would take a lot of time. I had to set aside at least an hour and a half to do this. I decided I would simplify it this year, and students have the option to rent their desk only. I feel like this is a good beginning to a life skill. Along with direct deposit for their paycheck, instead of the bankers doing this.
In this product:
You will find the jobs that I have in my classroom, and the salary I give. The procedures are pretty self explanatory on how I will run this in my classroom this year.
I do have them fill out an application and I hire them based on their application. If it’s a hard decision you can also do an interview.
Listed in the jobs, is what each job is required to do.
For the “Checkbook”, I print the paper back to back, and then staple. I write their name on it, along with their job, and what they will be paid. This is helpful for the Bankers when they have to pay them each month.
Fine slips are sent home weekly, so parents know what is going on in the classroom each week. This covers behavior and missing work. I just circle what they are being fined for on the slip.
Renters Contract can either be stapled in their bank log, or kept in their “Wallet”.
The students “Wallet” is where they keep all their cash and bank log. I give them an envelope but you can purchase a small pouch at the 99cent store.
I do monthly auctions, and usually auction 3 items. I then have a prize box that students can buy one item from that cost $100. This gives the students the opportunity to spend their money. At the end of the year, I have a larger auction, and remind the students to save their money.
I hope you enjoy your classroom economy! Have fun and INSPIRE your kids with life skills!