Help me give my students a strong background in financial literacy, through board games and practice with spending and saving, so they can make good money decisions in the future.
I am a teacher in a rural, low-income/high poverty school. My students are faced with many challenges both in and out of the classroom. Due to our rural location on an Indian Reservation, my students lack exposure to good examples of money management and saving plans. I would like to provide my students with creative and meaningful learning experiences that stretch their thinking.
I hope to inspire learners to understand the importance of financial literacy so they can have a stable future.
Many of my students are being raised in single parent households or by grandparents and all receive free lunch based on their socioeconomic status. This prevents many from learning good money management skills as well purchasing experiences many of us take for granted. In my classroom, I focus on their potential and growth in a positive way. I may not be able to control their struggles outside of school, but I can control their experience during their time in class by teaching life skills in a creative, interactive, and positive way.
My Project
For the past three years my class has run a small Slime business. At the beginning of each year, I choose four responsible students as managers and we post job openings, have a meeting on proper interview attire, interview, hire, and give a budget to each team.
Starting a class business sounds fun but first students need money knowledge and an understanding of financial responsibilities.
The community I work with is high poverty. Students from a poverty background tend to have poor examples of money management.
The idea that every week they were making money on their teams and dreaming of what we could do with it came to a quick halt when I attempted to explain profit margins. The materials I have requested, a variety of board games and money management materials, will support the lessons I will put in place to support students in personal finances as well as how to understand how businesses are run. The games give students a personal allowance as well as income from a pretend job. Next, money responsibility, students will gain an understanding of the importance of keeping track of money. This includes having the skills to know how much money is available, how much money has been spent, and how much money must be saved for future needs. Finally, students will learn about saving and comparison shopping both in their personal finances and in their business plan. Ultimately, students will work on an online program which helps them start a food truck business. These skills will be brought together to more successfully run our classroom business, Crow Slime.
Blue Panda Play Check Set - Educational Toy for Kids - Promotes Financial Literacy - Includes Checkbook, Deposit Slip, Check Register, 150 Sheets Total, Underwater Theme
• Amazon Business
$8.99
24
$215.76
Learning Resources Pretend & Play Calculator Cash Register, Classic Counting Toy, 73 Pieces, Ages 3+
• Amazon Business
$38.17
3
$114.51
Learning Advantage Bank Account Money Game
• Amazon Business
$28.67
2
$57.34
Learning Advantage Managing My Allowance - Allowance Game for Kids - Teach Money, Making Change, Currency and Saving Skills
• Amazon Business
$19.06
2
$38.12
Learning Resources Money Bags Coin Value Game, Money Recognition, Counting Game, Ages 7+
• Amazon Business
$15.99
2
$31.98
Winning Moves Games Pay Day, The Classic Edition, Multicolor
• Amazon Business
$12.29
2
$24.58
Learning Resources Pretend and Play, Play Money, Counting, Math, Currency, 150 Pieces, Ages 3+
• Amazon Business
$10.95
1
$10.95
Materials cost
$493.24
Vendor shipping charges
FREE
Sales tax
$0.00
3rd party payment processing fee
$7.40
Fulfillment labor & materials
$30.00
Total project cost
$530.64
Suggested donation to help DonorsChoose reach more classrooms
$93.64
Total project goal
$624.28
How we calculate what's needed
Total project goal
$624.28
3 Donors
-$557.26
Donations toward project cost
-$488.14
Donations to help DonorsChoose reach more classrooms
-$69.12
match offer
-$50.00
Match offer toward project cost
-$42.50
Match offer to help DonorsChoose reach more classrooms
DonorsChoose is the most trusted classroom funding site for teachers.
As a teacher-founded nonprofit, we're trusted by thousands of teachers and supporters across the country. This classroom request for funding was created by Mrs. M. and reviewed by the DonorsChoose team.