Spending and Saving

The first lessons in our current Social Studies unit helped us compare needs and wants. The second lesson in the unit is to explore how to save money and how to spend it. This week the students were given a job to do in the classroom. Once they had completed their jobs they would get paid a "salary" to put towards their needs and wants in the classroom. Here is our price list:

The top three items are the "needs" of the classroom. These needs are what they must buy everyday before they are allowed to buy any wants. The wants are all the items in green. To add to the experience, students were given a variety of jobs with a variety of salaries. Some students have just enough money to pay for their needs while others are able to save more. We have had some great discussion as a class about whether this is fair or not. Overall the kids have been extremely excited this week to do their job and receive their salary. 

Bankers handing out money as people finish their jobs. 

Letter Sorters are putting all the letter in the right spot. 

Custodian is making our floor shiny and clean!