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 This material may not be published, broadcast, or rewritten without permission.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
3/13 - 16
3/13 - 16

Most Read This Week

April 17, 2015 12187

An Open Letter from an Addict

by Olivia Kirks
April 23, 2015 7609

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News
April 18, 2015 5811

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 20, 2015 4922

Nortonville Woman Charged with Meth Possession at…

by Madisonville Police Department
April 24, 2015 4211

UPDATE: Police Can't Substantiate Injured Man…

by Doreen Dennis, SurfKY News

Most Read This Month

April 17, 2015 12187

An Open Letter from an Addict

by Olivia Kirks
April 02, 2015 8838

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 25, 2015 1273

Above and Beyond: Wade Simons

by Gary Gates, SurfKY News
April 24, 2015 1018

Elementary Girls in Good GRACES with Unique…

by Tammy Holloway, SurfKY News
April 25, 2015 870

Planning Commission Approves Zoning Amendments…

by Tammy Holloway, SurfKY News
April 25, 2015 818

Superheroes ‘Bowl for Kids Sake’

by Tammy Holloway, SurfKY News
April 25, 2015 730

Focus on Hopkins County: Interview with Sheriff…

by Tim Thomas
April 25, 2015 673

Webster County Traffic Advisory

by Keith Todd
April 25, 2015 593

Tobacco Quitline Callers Eligible for Extra…

by Beth Fisher
April 25, 2015 550

Happenings and Meetings - Hopkins County

by Amber Averitt, SurfKY News
April 25, 2015 537

Keeping the Faith - 'To Die Trying'

by Ronnie McBrayer
April 25, 2015 509

Hooked on Science - 'Magnetic Money'

by Jason Lindsey