I have read and written myself the ins and outs of a classroom economy. Sometimes the posts can come across as too overwhelming (I admit that my previous posts are very extensive). This post is aimed to provide teachers with the basic structure of a classroom economy and how to streamline it effectively in your classroom.

Reminisce over your past classrooms. Did you have class jobs? Did you give an incentive for paying attention and answering questions? What about a homework club?

This does not have to be elaborate, but it does have to be consistent. My kids earn Dojo Points by following their CHAMPS along with other desired behaviors.

To read how I combine Class Dojo with a classroom economy {click here}. Again, yours does not have to be as elaborate as mine. You can simply pass out money as you see good behavior (but state somewhere what behavior you are looking for). I have a ‘ways to earn money and fines’ editable posters that you can get –> {HERE}.

Snag the class jobs template {here}.

What is easiest for you?

Will you give ‘money’ or tickets? I teach 3rd grade and I love using money because I can tie in the personal financial literacy standards.

Therefore, I give {this class money}. I have seem some teachers that just use class dojo points and they reset the number when the kids cash. I have also seen teachers use stamps (if they don’t want to print). The kids get a piece of paper and the teacher crosses off the money that has been spent. Managing the paper and the stamps can get messy but if it works for you, go for it! The bills stamps you can get {here}, and the coins stamps can be purchased {here}.

As much as we would like to think that these kids are intrinsically motivated, money talks, and you’re bringing that real world aspect into the classroom. 😉

Think about what you can manage in your class. Maybe they earn a night of no homework. Maybe they can earn extra tech time. Whatever it may be, let them know and try to pick items that will please your kids. Don’t just provide a no homework pass, because some of your kids may actually like completing homework. You definitely don’t have to use all of the coupons known to mankind, I know I sure don’t. The first month I start off with maybe three coupons and I introduce more coupons as the school year progresses. Implement this as you see fit. Check out my classroom coupons {HERE}.

There are more classroom economy posts on my website available by clicking the images below.

                                                                     

Get it all Bundled

If you are interested in starting a classroom economy and saving money. Check out my {bundle} that has the coupons, job chart, money, and handouts to use with your classroom. Click {here} or the image below..

Pin the image below so you can reference this later!