Money in the Classroom By GB

My school's 4th grade had an incentive/reward program centered around finances. They designed money and students voted on the best design for each class for the whole year. Students earned the "cash" and had to keep track

of it. They could lose "cash" for not turning in homework or other discipline reasons (there was a preset, consistent list of how much for what offense--No homework, $5) At the end of the year the 4th grade had an auction with a real auctioneer. The kids had hundreds of dollars they earned during the year, and they could spend it on anything. The local community was

involved and businesses donated small TVs, cd players with headsets, video games, toys, baseball cards, you name it! Younger students already knew about the whole thing, and classes passing by would often stop to watch the yearly auction that went on in the cafeteria. Students in 4th learned to manage their money, and it spread as they had to have responsibility with their job as a student on the whole.

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