Description of School Currency System

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How do students become financially prepared for the real world? Students go through school for quite a few years, they learn reading, math, science, etc. But there is not a finance class to teach students the basics of finance. Now you might think that students wouldn't take the class. That is why you could implement a school currency system. A currency system would be helpful in many ways, although many people are against it, because there could be some flaws in the system. Helping students improve grades, improving daily attendance, teaching important life skills, and improving a students level of responsibility, are reasons why a currency system should be implemented in school. Our first reason why we beleive a currency system in school is important because it helps pupils improve in school studies.As John Shindler says," At their best they can help promote good habits and shape more functional patterns of action" (Chapter 7 Transformative Classroom Management).If you offer a student to work hard now, then offer a reward later in return it would be beneficial(Jones Preferred Activity Time).If a student works hard academically now, they will reap the benefits later. Eventually they will learn that if you work hard in school or work you will receive rewards and you can take the reward away with them knowing that hard work will always recieve a reward. Another reason that explains that we need to implement a currency system in our school is it it helps a lot with school attendance. According to Shawn Rux, the principle of MS 53, a New York City middle school, a currency/reward system helps a lot with school attendance. "It was ... like, 'Get out of my way, I'm trying to get into school,' " Rux says... ... middle of paper ... ...A Principal Created His Own Currency." NPR. NPR, n.d. Web. 16 Jan. 2014. . "Lesson Plans." Lesson Plans. N.p., n.d. Web. 16 Jan. 2014. . "Nbc News Business." NBC News. N.p., n.d. Web. 30 Jan. 2014. . Shindler, John. " Transformative Classroom Management." Some Thoughts regarding the Use of Extrinsic Rewards. Allyn Bacon Publishers, 2008. Web. 27 Jan. 2014. . "Weekly Wisdom." Takepart.com. Courtney Niemann, 11 June 2012. Web. 30 Jan. 2014. .

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