dcps1 300DAVIESS COUNTY, Ky. (4/28/14) - Third grade students are participating in an ongoing, interactive and educational economics program at West Louisville Elementary School.

Teachers Cyndy Garrett, Johnna Gray and Brittany Greenwalt have developed a system that teaches budgeting and financial responsibility to students, with an introduction to “real life” scenarios.

Students are “paid” $100 each week for attendance and completing classroom jobs. Students have the opportunity to apply for various assignments and are selected on the basis of qualifications and demonstrated work ethic. Students can also earn extra money by participating in class and demonstrating higher order thinking skills.

If students neglect homework or have behavior issues, they are assessed fines.

At the end of each month, the students “cash in” their weekly checks. They pay $120 each month for “rent” and can spend the balance in a classroom store, which offers such items as QR codes for lunch with a favorite teacher, extra computer time, a homework pass, hat-wearing privileges and other fun activities; or items such as toys, books and school supplies. Students could also save up their money for a year end trip to the movies.

“As we reflect on this program, we feel it has been beneficial for the students,” said teacher Brittany Greenwalt. “Students have learned about saving and spending money wisely, about wants and needs, and being responsible. Students now have insight into how checking and banking works.”

Media partners

The next “shopping day” will be from 1 to 2 p.m. Wednesday, April 30. You are invited to visit WLES at 8400 Kentucky 56 to interview teachers and students and see the “West Louisville economy” in action. Contact information is below:

For more information, contact DCPS Public Information Officer Lora Wimsatt (270) 852-7000 ext. 215 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it

SurfKY News
Information provided by Daviess County Public Schools

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Posted on 2/2/14
1 DOW 17,712.66
+34.43 (0.19%)    
2 S&P 2,061.02
+4.87 (0.24%)    
3 NASDAQ 4,891.22
+27.86 (0.57%)    

Most Read This Week

March 18, 2015 9482

UPDATE: Hanson Man Located in Henderson, Taken to…

by Trooper Stu Recke
March 25, 2015 5052

Fazoli's, Roses Coming to Madisonville

by Amber Averitt, SurfKY News
March 24, 2015 4926

One Dies, Another Injured in Mortons Gap Traffic…

by Deputy Heath Owens
March 25, 2015 4851

Grand Jury Finds No Criminal Wrongdoing in Bean…

by Doreen Dennis, SurfKY News
March 24, 2015 4071

UPDATE: One Injured in Hopkinsville Road Accident

by Doreen Dennis, SurfKY News
March 25, 2015 3779

Madisonville Man's Living Room Leap Lands Him in…

by Madisonville Police Department / Hopkins County Detention Center

Most Read This Month

February 25, 2015 13930

Multi-Agency Investigation Nets Large-Scale Meth…

by Trooper Stu Recke
March 09, 2015 12981

Multi-Agency Drug Bust Results in $1 Million Meth…

by KSP DESI

Stories Trending Today

March 27, 2015 3608

Three Arrested during Execution of Search…

by Madisonville Police Department/Hopkins County Detention Center
March 26, 2015 1543

‘Chasing Rainbow’ Heart Walk Raises Funds for AHA

by Tammy Holloway, SurfKY News
March 27, 2015 1432

MPD Searching for Man Accused of Nearly Running…

by Madisonville Police Department
March 26, 2015 1432

Two Injured after Jumping from Second Floor to…

by Charles W. Riley II, SurfKY News
March 26, 2015 1280

Baptist Health Honors Staff with Years of Service…

by Tammy Holloway, SurfKY News
March 26, 2015 1217

Madisonville Police Arrest Reports - March 26,…

by Madisonville Police Department
March 26, 2015 1166

Hopkins District Court Fines Handed Down

by Hopkins Court Clerk
March 26, 2015 1066

Hopkins County Sheriff's Reports Released

by Hopkins County Sheriff's Office
March 26, 2015 987

Teams 'Dodge for the Cure' during Relay for Life…

by Tammy Holloway, SurfKY News
March 26, 2015 900

Kentucky, West Virginia Governors Offer Friendly…

by Office of the Governor