Here we are, in part three of the series on a Classroom Economy. If you missed what to do on Day One or Day Two, just go read them and come back. I will be waiting here for you. :)
Today, the focus is on expenses and fines. Students are ALWAYS curious about this part, and holding them off until the third day of school is sometimes hard. However, I really want to focus on the positive, so I tend to keep this part on the back burner for a little bit. On the first few days of school, the kids are usually in the honeymoon phase. They are very well behaved and on-task, so keeping the fines discussion until day three generally tends to be OK.
By this point, they have *seen* the expenses and fines. I have them posted in my classroom and they are on the Register Cards I give them. But I haven't actually explained them in full detail (other than in the overview on day one, when I skim through it.)
So we start off, of course, with reviewing how to enter money into the register. They have earned $1 for coming to school on time, so I make sure that they have entered that. We then do a quick count of our money. I want them to make sure that their cash in hand is the same as their register total.
Trying to keep a little more on the "positive" side, I tend to start in more detail with the expenses. Here is where I talk about RENT. Yes. My students pay rent to me. Just like I can't live in a house without paying my mortgage, they can't live in my classroom with out paying rent.
I show them how to input this into their register (the description line would be "text book rental" and then a subtraction sign goes in the debt section.)
Once we have reviewed all of the various fines, we talk about how they really are easy to avoid. The kids can easily do all of their homework. Of course they won't damage materials. Putting their names on papers? Easy to do!
It is the bathroom one that always gets the most hands. I simply explain to them that if they always have $5 in their wallet, they won't have a problem at.all. And, to be honest, it really is a non-issue. The kids get it. They keep $5 in their wallets and whenever they have to go to the bathroom, they simply bring it up to me and go. No big deal on my end. No big deal on their end. Really. Honestly. I promise you.
Again, this only works if you are actually GIVING OUT money too. So stick with the positive and continue to give out money like water in these first few days of school.
OK...so now that everything is basically introduced, I take Day Four and introduce the classroom jobs. I have actually already written about them, so you are in luck! Go to this post here to read all about how I manage the jobs!
What questions do you have for me now?