are activities that you can do as school projects or to teach
the concept of money:
penny race: This is best done with a whole
school, grade levels vying against each other to see
which grade brings in the most pennies. It is amazing how
pennies add up when you are collecting from
a whole school. This is a good fund raiser for
the school, school library, or a club.
Life skills moment: A teacher purchases small
prizes, pencils, or things that her class age group
would like. If it is a younger group of
children, he/she can reward the students for good
work or behavior with fake coins. The 'prize
store' is opened at regular intervals so that the
children can spend their coins. For older
students, ways to earn dollars would be given but
the students would have fixed expenses such as desk
rental to pay as well as for purchases from a 'prize
store'. Money would have to be managed well in
order to pay the fixed expenses and have money left
over for other things. Since this could be
developed into a true life experience, P.T.A.s might
donate money for pencils, erasers, book covers, or
other things to put in the store.
home project: Students are given the task of finding
out how much money it takes to run their own home.
The things to include are: electricity, heating
costs, telephone/cell phone averages,
cable/internet/TV, food average, water, etc.
Each student determines how much money it costs to
run the home for a year. Once they have done
this, they should answer the question: What
could I do to lower these costs? This project
would make students aware of how much it takes to
run a home and that you can affect changes in those
costs. If there is time, have the student pick
one item (like water) and work with their family to
conserve for a month to see how much money can be
saved with water conservation measures.
These are money activities produced by the $mart Piggy team: