Business Time

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Business Time

Business Time

FEATURED ON NEWSDEPTH & BIZKIDS

Kensington Intermediate School
Rocky River City Schools
Business Time 
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The students in Mrs. Amy Wilhelmy’s third grade classroom have a close-to-the-real-thing economy called “Business Time.” Their economy is based on a currency called Bonus Coupons. Children earn a paycheck each week by performing their duties as students, and can earn additional Bonus Coupons by doing extra jobs. The paycheck can be put in the classroom bank called Burney Bank and saved, or spent on expenses like desk rental or purchase,

insurance premiums, taxes, or something more fun.  Each week, disasters occur in the world outside the classroom for which students must be financially prepared, like hurricanes, fires, and floods. If you have insurance, you’re in good shape! The students learn about saving and spending money, buying insurance and planning for the future, preparing themselves to be financially responsible adults.
Watch the story on NewsDepth!
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