Reeve Town Classroom Economy
About our Classroom Economy:
We will learn about roles in our society, basic economic principles, and financial concepts by using a classroom economy. Students will have an opportunity to apply for a classroom job. Students will be placed in positions that I (and their references) feel they will be most successful.
Real-Life Connections:
In an attempt to make earning classroom money (class cash) a more real-life experience, students are required to learn how to balance income and expenses. Each semester students will have an opportunity to apply for a new job.
Income:
Get paid to come to school!
You have to be present to earn your money! Your DOJO points turn in to Class Cash so be here to earn them!
Paychecks
Payday is the 1st of each month (or the next school day following the 1st). Class Cash is also accumulated by earning positive Dojo points! Your weekly Dojo score will be directly deposited into your account!
Bonuses
Occasionally, there will be opportunities to earn extra Class Cash. These may rewards for meeting an Class Dojo goal, having homework consistently signed, clean desk or a simply rewarding extra good behavior.
Expenses:
There are several expenses that the 5th grade community may encounter in Reeve Town.
First of all, everyone must pay rent for their desk/computer.
- Rent $20/ mo (due on the 1st)
- Fines (messy desk, littering, speeding tickets, lost library book)
Spend or Save?
Just like in real life, students will have the option to spend their cash or save it instead. If they choose to spend it, they can also choose to use their cash for Class Cash In (SEE OPTIONS HERE). When a student cashes in, they may change their seat for the day, sit in a "comfy" chair, or choose from a wide variety of other goods/services. They are also encouraged to save their class cash for an auction held once a semester. Remember, the person with the most cash will win the most bids! |