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 This material may not be published, broadcast, or rewritten without permission.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

3/13 - 16
3/13 - 16

Most Read This Week

April 17, 2015 8973

An Open Letter from an Addict

by Olivia Kirks
April 13, 2015 6333

Three Juveniles, Adult Accused of Vandalizing…

by Deputy Will Coursey
April 14, 2015 5498

Several Juveniles Charged in Connection with Fight

by SurfKY News
April 18, 2015 5264

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 16, 2015 3540

Crime Stoppers Fugitive of the Week – April 16,…

by Hopkinsville – Christian County Crime Stoppers

Most Read This Month

April 17, 2015 8973

An Open Letter from an Addict

by Olivia Kirks
April 02, 2015 8573

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 20, 2015 3454

Nortonville Woman Charged with Meth Possession at…

by Madisonville Police Department
April 20, 2015 1615

Madisonville Man Charged with Sex Abuse of Two…

by SurfKY News
April 20, 2015 1336

Traffic Stop Results in DUI, Drug Possession,…

by SurfKY News
April 20, 2015 1009

Pick Greenville's 'Saturdays on the Square' Free…

by Beth Newman
April 20, 2015 730

Hopkins County Sheriff's Reports Released

by Hopkins County Sheriff's Office
April 20, 2015 729

Madisonville Police Arrest Reports Released -…

by Madisonville Police Department
April 20, 2015 667

Police Seeking Public's Help in Locating Man…

by Wes Miller
April 20, 2015 518

Former Certified Medication Technician for Dawson…

by Leland Hulbert
April 20, 2015 469

Dawson Springs Police Reports Released

by Melissa Heflin
April 20, 2015 347

KDOW: Caney, Hurricane, Copper among Hopkins…

by Dick Brown