Every kid deserves a teacher that will teach them about money.
The problem is that worksheets and a couple 30-minute lessons are not going to leave a lasting impact on your students.
You want to teach your students financial literacy skills, but you’re not sure exactly how to do it in a way where they have a real experience with money that they remember for years to come.
In 2014, I started what's called a CLASSROOM ECONOMY
Students apply for class jobs and they get paid in classroom money. They use that classroom money to pay rent on their desks, pay any classroom fines for misbehavior, purchase items in a monthly auction, and buy their desk to watch it grow in value.
THE LASTING-IMPACT PLAN
Here is my plan for you to teach your students about money in a way that leaves a lasting impact
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Enroll in the course today
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Join the Facebook group of other classroom economy educators
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Start teaching your students about money in a way that leaves a lasting impact
LEAVE A LASTING IMPACT
When your students come to visit you years after they have left your classroom, they will not fondly remember the interest-rate worksheet they did. Give them an experience that will stay with them for years to come and will help them learn about money in a meaningful way through a classroom economy.
PITCHING YOUR ADMIN
Before you decide to purchase the course on your own, TALK TO YOUR ADMINISTRATION!
Many admin have PD funds for teachers and you don’t get what you don’t ask for. Even if you think they’ll say no, just ask. When you make the ask for this PD course, instead of asking “Can I have this”, tell them “This is why I need this, and this is how it will positively impact students”. Here are a few talking points:
Google your state’s financial literacy standards and say how this course will help you address those standards with an ‘experiential-learning’ model. (If your state doesn’t have specific financial literacy standards, use the National Standards in K-12 Personal Finance Education by JumpStart)
Additionally, the classroom economy serves as a classroom management tool (through the use of classroom fines) that you’ll be able to implement with all of your classes and students. You’ll also receive guidance on how to incorporate the fines with students on behavior plans.
Learning how to teach financial literacy will enable you to become a more effective teacher and a more valuable asset to the school.
By becoming a more effective teacher, you will improve the outcomes of your students.
The course provides many resources that are modifiable Google Docs, which is less lesson planning time on you and more time and energy to put towards building relationships with students and teacher self-care.
When they say yes, bring your laptop to them so you can sign in with your own username and password but pay with the school PayPal or with credit card. Purchase orders are also available.
COURSE CURRICULUM
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1
Welcome!
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0.1 | Welcome the the course!
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0.2 | How to use this course
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2
Module 1 | The Set Up
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1.1 | Classroom Economy Set up
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1.2 | Creating Class Jobs
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1.3 | Deciding on Fines & Bonus Money
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3
Module 2 | The 1st Couple Weeks
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2.1 | Introducing the System to the Students
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2.2 | Hiring Students
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2.3 | Setting up the Virtual Bank
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2.4 | Training Students & Beginning Fines
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4
Module 3 | The Monthly Routines
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3.1 | Fine Day
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3.2 | Bonus Money Day
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3.3 | Auction Day
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5
Module 4 | Later in the Year
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4.1 | Students Buying Desks
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4.2 | Students Going into Debt
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4.3 | Final Auction & Ending the Year
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6
BONUS MODULE | Distance Learning Classroom Economy
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Jobs, Bonuses, Fines, and Marketplace
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PROJECT | How to Make Money From Home Using eBay
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TESTIMONIALS
“Thom helped give me the courage to try a classroom economy with my 5th graders by showing me how he implements it in his classroom. I really appreciated his thorough explanations, and it transformed my classroom into a fun, experiential learning environment.”
Aaron
“Thom's course on Classroom Economy provided very practical advice on how to start, implement and maintain a classroom economy for middle school students. His videos are short and sweet and provide easy to follow instructions. Because of his course, I was able to start my economy very quickly. I highly recommend this course. My students love this system and have learned the value of a dollar.”
Tatiya M.Ed
“I love how Thom has outlined all the steps with videos and digital examples of the documents. What started out as something to engage my students has actually provided many insightful moments into the lives of my students! I cannot wait to see the creativity my students will bring to their jobs! The classroom economy is one of the best teaching resources I have EVER purchased”
Cindy
INSTRUCTOR
