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

e-max.it: your social media marketing partner

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 This material may not be published, broadcast, or rewritten without permission.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.

In Other News...

Westbound Ramp Closures on Audubon Tonight

HENDERSON, Ky. (7/27/15) — A contractor for the Kentucky Transportation Cabinet plans to close the westbound ramps to… Read More

Man Faces Charges after HPD Finds Him Allegedly ‘Passed-out’

HENDERSON, Ky. (7/27/15) – According to a Henderson Police Department report, on July 25, 2015, Officer Blandford… Read More

Most Read This Week

July 23, 2015 14341

UPDATE: Family Confirms Body of Missing Teen…

by Shawn Freels, SurfKY News
July 27, 2015 4422

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 23, 2015 4269

Woman Accused of Striking Juvenile with Metal Belt

by SurfKY News
July 22, 2015 4165

No. 9 Steakhouse Suffers Fire; Owners Vow to…

by Doreen Dennis, SurfKY News
July 22, 2015 3851

UPDATE - GPD Recovers Stolen Vehicle, Arrest Made

by SurfKY News

Most Read This Month

July 02, 2015 19305

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 17, 2015 15310

Muhlenberg Most Wanted - Top 10

by SurfKY News

Stories Trending Now

July 27, 2015 4422

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 27, 2015 3339

School System Announces Free Lunch/Breakfast at…

by SurfKY News
July 27, 2015 1412

Family Needs Help in Paying 18-Year-Old's Funeral…

by SurfKY News
July 27, 2015 1106

Baptist Health Names Regional Marketing, Public…

by SurfKY News
July 27, 2015 1039

New Madisonville Public Parking Area Announcement

by SurfKY News
July 27, 2015 988

Madisonville Police Arrest Reports Released –…

by SurfKY News
July 27, 2015 723

Dawson Springs Police Reports Released

by SurfKY News
July 27, 2015 581

Missions in a Belizean Paradise

by SurfKY News
July 27, 2015 536

Pet of the Day - Charlie

by SurfKY News
July 28, 2015 512

Hanson Youth Wins Soap Box Derby World…

by Tammy Holloway, SurfKY News