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Mr. Gavrielatos' Classroom Edit display name

  • Hostos - Lincoln Academy of Science
  • Bronx, NY
  • More than three‑quarters of students from low‑income households Data about students' economic need comes from the National Center for Education Statistics, via our partners at MDR Education. Learn more

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Students need to learn that stuff costs money, and money isn’t unlimited. If you can teach them about money through real world experiences, like chores, that’s great. But students have short attention spans, so sometimes using a game keeps their interest a little better. I played this game when I was younger so now that I teach math I have inherited it to play with my students. My students will use the whiteboards and dry erase markers to record their progress in the game. The goal of the game is simple. The first to have $10 wins. Every person starts with $2. You roll the dice and move around the board, following the instructions on each space you land on. On some of the spaces you will get money for selling things, doing a job, or losing a tooth. On other spaces, you have to spend money to buy things at a garage sale, or get some ice cream. Every time you pass “home” you get to collect your allowance. However, there are a couple of unique corners. One is the bank, where you can put in a dollar and then every time you land on the space, you earn interest. You can also purchase the skate rental square and then people have to pay you to rent skates when they land on that space. (The skate rental has been updated to a lemonade stand in the new version). Students will learn how to make change for dollars, count money, that buying stuff costs money and money can run out, that saving money can make you money, and that starting a business is a good way to make money. The Allowance Game isn’t meant to be difficult. You don’t have to read through a huge book of instructions to get started, which is great for students.

About my class

Students need to learn that stuff costs money, and money isn’t unlimited. If you can teach them about money through real world experiences, like chores, that’s great. But students have short attention spans, so sometimes using a game keeps their interest a little better. I played this game when I was younger so now that I teach math I have inherited it to play with my students. My students will use the whiteboards and dry erase markers to record their progress in the game. The goal of the game is simple. The first to have $10 wins. Every person starts with $2. You roll the dice and move around the board, following the instructions on each space you land on. On some of the spaces you will get money for selling things, doing a job, or losing a tooth. On other spaces, you have to spend money to buy things at a garage sale, or get some ice cream. Every time you pass “home” you get to collect your allowance. However, there are a couple of unique corners. One is the bank, where you can put in a dollar and then every time you land on the space, you earn interest. You can also purchase the skate rental square and then people have to pay you to rent skates when they land on that space. (The skate rental has been updated to a lemonade stand in the new version). Students will learn how to make change for dollars, count money, that buying stuff costs money and money can run out, that saving money can make you money, and that starting a business is a good way to make money. The Allowance Game isn’t meant to be difficult. You don’t have to read through a huge book of instructions to get started, which is great for students.

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About my class

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