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 This material may not be published, broadcast, or rewritten without permission.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

Weather Sponsored by

In Other News...

David Miller Named Park Manager at Lake Barkley State Resort Park

FRANKFORT, Ky. (9/3/15) — David Miller is the new manager at Lake Barkley State Resort Park in Cadiz, Parks… Read More

Upcoming Events at Land Between the Lakes

KENTUCKY (9/3/15) — Land Between the Lakes offers a variety of fun programs for all ages and interests. Join us - Labor… Read More

Most Read This Week

September 04, 2015 21075

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
August 31, 2015 6914

Man Convicted of Hopkins Countian's Death Granted…

by Doreen Dennis, SurfKY News
September 02, 2015 6273

Madisonville Gaining Two New Businesses

by Ron Sanders
August 30, 2015 4078

UPDATED: 'He Fought the Law ... but, the Law Won'

by Doreen Dennis, SurfKY News
September 02, 2015 3520

Investigation Leads to Meth Trafficking Charge

by SurfKY News

Most Read This Month

September 04, 2015 21075

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
August 24, 2015 12485

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

September 04, 2015 21075

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
September 04, 2015 1946

Man Charged with Kidnapping 8-Year-Old Girl

by SurfKY News
September 04, 2015 794

Hopkins County Health Department Food Scores Thru…

by SurfKY News
September 04, 2015 710

Madisonville Police Arrest Reports Released -…

by SurfKY News
September 04, 2015 630

Hopkins County Sheriff's Reports Released

by SurfKY News
September 04, 2015 615

Madisonville Christens New $1.1M Ladder Truck

by Doreen Dennis, SurfKY News
September 04, 2015 615

Franklin Graham Offers Opinion on Kim Davis Case

by SurfKY News
September 04, 2015 612

Henderson, Paducah, Owensboro, Madisonville…

by SurfKY News
September 04, 2015 584

Owensboro Air Show, Century Aluminum Announce…

by SurfKY News
September 04, 2015 537

Harmful Algal Bloom Recreational Advisory Issued

by SurfKY News