Wednesday, May 02, 2012

Let's Go to the Movies...

That's what we're doing in Miss Law's Class this week!



No it's not a field trip...



it's economics!

Since we are at our first job, school, we need to learn about earning, spending, and saving.


We are working and earning money to be able to go to the movies on Friday.


This how we earn money.


This is how we can lose money.


This is a chart for reference.


This is how it works in our classroom. Each morning after students unpack and go to the bathroom, I greet them at the door with $1. 

Our day goes pretty much as usual except that I am banking through out the day.

Every time I catch someone doing a good job following the rules I pay them a penny. When I catch someone not following the rules, they pay me a penny.

At the end of the day, I collect work and pay them a dime for everything that they turn in. Whatever is not turned in, they pay me a dime. We do the same thing for homework.

If their name is under the happy face at the end of the day, I pay them a quarter. If their name is under the sad face, they pay me a quarter.

At the end of each day, we go around the room and they tell how much money they have.

They are learning that they need to earn and save their money in order to be able to buy what they want.

We are also trading money all day. It's GREAT money practice also!

Each day I also tempt them by selling an item. On Monday, I sold stickers for 25 cents.  I only had 1 purchase. On Tuesday, I sold a piece of candy for 50 cents. I had more buyers. Some refused to be tempted!  Today I sold very large stickers for 75 cents. We LOVE stickers in my class! I had no buyers. They were too busy counting their money.

This has been lots of fun for everyone, including me! They have no idea how much they are learning!

Click on any of the pictures above to download my charts. ENJOY!


23 comments:

  1. You may be happy to know that your awesome printables are already on Pinterest(or maybe not depending on you feel about Pinterest), and that's where I came from. I'm not a teacher, but I printed out the "Trading Money" sheet, since I think it will be amazing for my 4 and 6 year-old girls. Thank you! :)

    ReplyDelete
  2. Thank you for sharing! I love this!

    ReplyDelete
  3. OK, so I have had a super LONG day...I need further explanation ....do u use "fake"or "real" money? If its fake, is it play $$$ like from the dollar store?
    I NEED to do something with my kiddos these last 30 days...hoping this keeps us all in line...lol

    ReplyDelete
  4. Kathy!! I LOVE<,LOVE, LOVE this!! Thanks so much for sharing!

    ReplyDelete
  5. This is too great! We only have 9 more days of school what a great incentive for those last days! I am printing it now!
    Barbara
    happyteachingfirst.blogspot.com

    ReplyDelete
  6. Tracy....we use the play money that we have at school.

    Kathy

    ReplyDelete
  7. I love your ideas! Thank you for sharing!

    learnplayandhavefun.blogspot.com

    ReplyDelete
  8. Wow this is a great idea for economics! Thank you for sharing

    ReplyDelete
  9. Your posters are great!! I need to make a more advanced version for my class. I do a similar activity in my second grade class every year-4th quarter. It is such a motivator and helps my kids focus these last few weeks of the year. We use our money for our classroom store and we will have an auction at the end of the year. I am amazed at how kids learn to handle money so quickly with this activity:)
    Aloha,
    Corinna
    Surfin' Through Second

    ReplyDelete
  10. Love it! Teaches basic moneyskills, responsibility, work ethics, and the value of saving. Does a small group get to watch a movie when they reach ths goal.

    ReplyDelete
  11. I absolutely love this! I give out tickets and kind of do the same thing with them. They get to buy coupons with special priviledges once a week. Some really want to buy the big ticket items (LOL!) and use almost all their tickets. They then buy smaller priviledges for less tickets and work their way back up. I've been tempted to try the money but not sure if I'm brave enough! How long are you doing this for?

    ReplyDelete
  12. Thanks for sharing...This is ingenious!!

    ReplyDelete
  13. You are amazing and an inspiration... Your students are so lucky to have you as their teacher! Again - another above and beyond activity to bring learning to life in such a fun way for your kiddos!

    ReplyDelete
  14. I heart your posters! Thank you for sharing! P.S. I am a newbie blogger and I just followed your blog and your pinterest!

    Sylvia
    I Heart My Kinder Kids

    ReplyDelete
  15. I really loved this idea! I incorporated the last nine weeks of school. I was really wanting to start with this but maybe a simpler version at the beginning of school, and also be able to change what the BIG "reward" would be. Have you adapted this anymore? Or added to it? Thank you

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. Great idea! Thanks for sharing.

    ReplyDelete
  18. Each time that loan costs drop, they begin to glance around for renegotiating choices. Be that as it may, there are additionally the general population who purchased another auto at a not too bad loan cost through the merchant. payday loans

    ReplyDelete
  19. By and large in the event that you can fit the bill for an auto advance or a home credit, you will have the capacity to fit the bill for a vessel advance. The most ideal approach to know whether you will have the capacity to fit the bill for an advance is to contact your bank. payday loans san-diego

    ReplyDelete
  20. Auto money intermediaries can arrange a decent arrangement for you both on an auto's cost and auto advances as they have an extensive variety of experience and are proficient on which models and dealerships are putting forth great arrangements. car title loans online chicago

    ReplyDelete
  21. Another preferred standpoint is that you may get a decreased rate on protection in the event that you've been to one of these courses. In Ohio, the classes are required and it is not lawful to work a bike without the extraordinary arrangement on your permit. Check the rundown of associations toward the end of this article for data about where to take classes. cash advance san-diego

    ReplyDelete
  22. Whether a man needs a vehicle, a roadster or a minivan relies on upon individual tastes and needs. A minivan gives extra freight space and enough space for the whole family. An adolescent may just need a roadster or a vehicle. cash advance

    ReplyDelete

THANKS for taking the time to comment!

Related Posts Plugin for WordPress, Blogger...