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 This material may not be published, broadcast, or rewritten without permission.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

Posted on 2/2/14

Most Read This Week

May 22, 2015 7697

Madisonville Man Charged with First-Degree Rape

by SurfKY News
May 23, 2015 7515

Missing 5-Year-Old Boy Found

by Doreen Dennis, SurfKY News
May 27, 2015 5153

VIDEO: Sparks Fly Over Hanson Rezoning Issue

by Tammy Holloway, SurfKY News
May 25, 2015 3523

Can Sunscreen Save Your Life?

by Melissa Patrick
May 21, 2015 3478

Police Charge Madisonville Man with Harassing…

by SurfKY News

Most Read This Month

May 15, 2015 10882

New Madisonville Business In Full Operation Soon

by Tammy Holloway, SurfKY News
May 22, 2015 7697

Madisonville Man Charged with First-Degree Rape

by SurfKY News

Stories Trending Now

May 27, 2015 5153

VIDEO: Sparks Fly Over Hanson Rezoning Issue

by Tammy Holloway, SurfKY News
May 26, 2015 2772

Mandarin House Gearing Up to Open Soon

by Gary Gates, SurfKY News
May 26, 2015 2619

Large Necklace on Rearview Mirror Lands Driver in…

by SurfKY News
May 27, 2015 2125

Midnight Ride on Rabbit Ridge Ends in Jail

by SurfKY News
May 26, 2015 1987

Governor Announces Hopkins County as Kentucky…

by Doreen Dennis, SurfKY News
May 26, 2015 1827

Two Central City People Jailed on Meth Charges

by SurfKY News
May 26, 2015 1566

Bremen Man Charged with Concealed Brass Knuckles…

by SurfKY News
May 26, 2015 1483

Veterans Honor Veterans

by Tammy Holloway, SurfKY News
May 26, 2015 1288

Hopkins District Court Fines Handed Down

by SurfKY News
May 27, 2015 1282

Crime Stoppers Top Most Wanted - May 27, 2015

by Crime Stoppers