Becoming Penny Wise and Money Smart: Learning to Save $$$
Help me give my students math games to practice adding money and the materials we need to set up a classroom economy system to instill basic financial responsibility and teach the value of delayed gratification.
$597 goal
Hooray! This project is fully funded
Hooray! This project is fully funded
Celebrating Hispanic & Latinx Heritage Month
This project is a part of the Hispanic & Latinx Heritage Month celebration because
it supports a Latino teacher or a school where the majority of students are Latino.
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I teach at a Title I performance improvement school with the majority of our students participating in the free lunch program. For many of my students, school is where they have access to books, supplies, and other resources that support their academic achievements. Many of my students come from homes where their parents are working hard to make ends meet and want their students to be successful in school.
My second graders are inquisitive and love to learn, and they inspire my teaching every day!
My Project
During social studies, my second graders learn about urban, suburban and rural communities and about how government helps us live within our communities. Because of these standards, there is a perfect opportunity for my students to also learn how to earn and spend money in a simulated micro-economy where they will have jobs, learn how to be financially responsible and have the opportunity to be producers and consumers. There will be classroom jobs that will be posted, applications to be filled out and a payday for a job well done. My students will have "bank accounts" and a checking account to make deposits and withdrawals. They will have choices to make about their desks (to rent or not to rent, but own) and opportunities to earn bonuses and to spend money for tangible and intangible rewards. And if classroom rules are violated, then fines will be paid on ticket day, which will require them to make withdrawals from their bank accounts to clear their "tickets.” These hands-on experiences will also address and enhance grade-level math standards around working with money.
A simulated micro-economy will help my students have ownership of our classroom community, while giving them real-world experiences where they will learn valuable skills, such as responsibility, the value of saving and delayed gratification.
But to create this micro-economy we need math games to practice adding and subtracting money skills. Folders and labels will be used to give each student a portfolio to keep important paper work. Composition books will be used as "checkbooks" which my students will learn to balance and keep track of their money, practicing their addition and subtraction skills. Name tag holders will be used to help students identify their jobs within our community. Computer ink and paper will be used to print money.
Nearly all 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
LM256 - Money Grab & Play Game - Gr. 1-2
• Lakeshore Learning Materials
$19.99
7
$139.93
Staples Composition Notebook, 9.75" x 7.5", Graph Ruled, 100 Sheets, Black (20075M)
• Staples Advantage
$1.46
60
$87.60
Cool Toner Compatible Toner Cartridge Replacement for HP 80A CF280A 80X CF280X for HP Laserjet Pro 400 M401A M401D M401N M401DN M401DNE M401DW, Laserjet Pro 400 MFP M425DN Laser Ink Printer Black-4PK
• Amazon Business
$51.99
1
$51.99
Letter Size Paper Portfolios by Better Office Products, Case of 100, Assorted Primary Colors, with Fasteners (Assorted, 2 Pocket Paper Folders with Fasteners)
• Amazon Business
$36.99
1
$36.99
TT991 - Lakeshore Safety Name Tags - Set of 20
• Lakeshore Learning Materials
$36.99
1
$36.99
Hammermill Paper, Copy Paper, 8.5 x 11 Paper, Letter Size, 20lb Paper, 92 Bright, 8 Ream Case / 4,000 Sheets (113640C) Acid Free Paper
• Amazon Business
$27.18
1
$27.18
VR993 - Lakeshore Safety Name Tags - Set of 5
• Lakeshore Learning Materials
$9.99
2
$19.98
Staples Pastels Colored Copy Paper, Assorted, 8.5 x 11 inch Letter Size, 20lb Density, 30% Recycled, Acid-Free, Pink Green Gold Blue Canary Yellow, 400 Total Sheets (679481)
• Amazon Business
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As a teacher-founded nonprofit, we're trusted by thousands of teachers and supporters across the country. This classroom request for funding was created by Ms. Trochez MacLean and reviewed by the DonorsChoose team.
