This is a great way to maintain classroom management while teaching students about money.
As part of math and social studies, I would teach students about earnings and savings and how they could budget their income. Well, I would give students “dollars” for good behavior, completing homework, payment for doing jobs at the end of the week (if they were absent, they did not earn a dollar), for being extra helpful to a friend without being told, etc.
On Fridays, I would open up the store to give students opportunities to “purchase” one of the incentives. Students could either buy their incentive or they could save their money. Posted in the room would be a chart of the incentives with the dollar amount next to that incentive.
Once their incentive was purchased, I would give them their ticket (incentive). Students could write their name on the back of their ticket(s) and save to use at their own convenience. When a student was ready to use their ticket, I would collect them and keep them close by to ensure I knew which students were using their ticket and discard them once the incentive had been used.
Because I was giving “dollars”, I would also “fine” students for poor behavior. Just like if we were not complying with the law, such as speeding, we would have to pay a fine. I teach this with the students that they must follow the rules.
Once an incentive was purchased, I never took that away from the students; only the dollars. I have had great success with this and my school year always ran smoothly. It does require some extra effort to remember to do it every Friday and to keep track of your tickets, but it is worth it.
These are the following incentives:
20 Minutes of Extra Computer Time
Take Shoes Off for One Hour
Eat Lunch with the Teacher
Bring a Ball to Play at Recess
Sit in the Teacher’s Chair for the Day
Play with Sidewalk Chalk at Recess
Play with Bubbles at Recess
Work under Desk for 30 Minutes
No Homework (Good for one assignment only.)
Be a Helper in another Classroom
Use a Special Pen for the Day
Wear a Hat in the Classroom for the Day
Be the Teacher’s Assistant for the Day
Bring Something to Show & Tell
Bring a Stuffed Animal