Setting up a
CLASSROOM ECONOMY
is a great way to teach Arches Academy’s students about
MONEY and ECONOMICS while
REWARDING them for make good choices!
Coming to school is very much like going to a “real” job. Each day employed parents are expected to “show up”, be on time, wear the required attire, abide by certain rules, and perform to their employer’s expectations. Parents can then expect to be paid for their hard work and are even eligible for Bonus’ when their performance meets or exceeds expectations.
Likewise, your children will earn an income for being punctual to school, following the classroom rules and doing their best in school. The students will even be eligible for BONUS’ and RAISES. They will earn their wage daily and will be given the opportunity to either save their earnings for “expensive” goods and services, donate their earnings, or purchase goods and services right away every Friday. Just as our “real life” economy changes so will the economy in our classroom. At times goods and services will cost more or less depending on the supply and demand of those items.
I will be providing a can for each child. This “can” will become their “bank” and will sit at their place.
The “bank” will be coming home with your child. Please decorate the “bank” and return it the next day.
Your child will be responsible for keeping track of their money and knowing how much they have to spend. We will be employing all of their current MONEY SKILLS and quickly acquiring news skills as we progress through the year - currency identification and computation.
This is a positive reward system and money will be awarded:
Ø Each time students are punctual
Ø Each time students follow the classroom rules
Ø Each time students do their best.
I will NOT be taking money away from them for not making good choices. The student simply won’t earn as much money as the classmate who does make good choices.
Donations to support the Goods and Services that will be
available to your children in our Classroom Community are
welcomed!
Your children will be given the opportunity to
use their earnings at our classroom store!
The following "goods and services" will be available to them:
Goods Services
Bouncy Balls Certificates to:
Curly Straws "Go on the Magic Tree
Hollywood Glasses house website during
Plastic Spiders Centers!"
Plastic Snakes "Drawing on the white
Tops board during centers!"
Slinky's "Eat lunch with Ms.
Bracelets M&M and bring a friend"
Necklaces "Listen to a book on tape
Candy during centers"
Rings "Sit at Teachers Desk"
Pencils "No Homework Pass"
Sticky Insects "Write a GOOD JOB
Plastic Frogs note home"
Hair Accessories "Bring in an item from
home for show and tell"
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