Click to toggle navigation menu.
Select a language
|

To have students participate in a token society via PBIS Token Economy in order to prepare for the rising costs of tuitions, expense and cost of living. They will reflect current financial practices, which can be helpful for developing financial literacy.
1.Store Design and Setup: Utilize a portion of the budget to design and set up the store infrastructure, including shelving, displays, and signage.
2.Product Procurement: Allocate funds to purchase a diverse range of products for the store, ensuring a well-rounded inventory.
3.Financial Management Tools: Invest in point-of-sale systems and inventory management software to facilitate smooth store operations and accurate tracking of student transactions.
The store will be integrated into the school's ongoing financial literacy curriculum and activities. Revenue generated from store sales can be reinvested into the program, ensuring its sustainability and potential expansion in the future.

< Back to Search Grants

 

Virtually Responsible: Virtual Budget Skills for Real World Application

grant photo
School:
Pinellas Virtual School 
Subject:
Social Studies 
Teacher:
Elizabeth Tompkins 
 
Jonathan Broner, Carrie Parsons 
Students Impacted:
200 
Grade:
9-12 
Date:
August 8, 2023
Deadline:
May 24, 2024

0% Funded

 

 

Only $1,000.00 Needed

 

Share

Please share this page to help in fulfilling this grant.

Facebook Twitter email

Goal

To have students participate in a token society via PBIS Token Economy in order to prepare for the rising costs of tuitions, expense and cost of living. They will reflect current financial practices, which can be helpful for developing financial literacy.
1.Store Design and Setup: Utilize a portion of the budget to design and set up the store infrastructure, including shelving, displays, and signage.
2.Product Procurement: Allocate funds to purchase a diverse range of products for the store, ensuring a well-rounded inventory.
3.Financial Management Tools: Invest in point-of-sale systems and inventory management software to facilitate smooth store operations and accurate tracking of student transactions.
The store will be integrated into the school's ongoing financial literacy curriculum and activities. Revenue generated from store sales can be reinvested into the program, ensuring its sustainability and potential expansion in the future. 

 

What will be done with my students

The student account balance is like a debit account. As the student earn points, they accumulate in their account. Incentives can be requested to deduct points from the account. Some of the formats available for schools to provide incentives are the store, classroom stores, events, and raffles. Any points students use are deducted from their account balance. This needs to be an item that the student cannot currently afford. When the student attempts to purchase something different, they are reminded of their goal. Students will earn interest on points in their account balance. If students attempt to purchase an item that they cannot afford, they are given an insufficient funds message. 

 

Benefits to my students

If students attempt to purchase an item that they cannot afford, they are given an insufficient funds message. Teaching financial literacy at an early age can help to eliminate some of the financial mistakes common among today’s consumers. Students who learn the basics of saving, budgeting, and investing will have the skills necessary to better evaluate personal financial decisions.

1.Practical application of financial literacy concepts in a simulated real-world environment.
2.Improved understanding of budgeting, pricing, and consumer decision-making.
3.Increased engagement and enthusiasm for learning financial skills through hands-on experiences.
4.Development of critical thinking skills through comparative shopping and trade-off considerations.
5.Enhanced teamwork and leadership abilities through collaborative store activities. 

 

Describe the Students

Our students are a diverse group with approximately 20% below proficiency on BEST Tests, as well as approximately 33% of students that have 504s or IEPs. We work closely with each individual student on a 1:1 basis as well as live lessons to help our students achieve success and progress in all of their course.  

 

Budget Narrative

Fortunately, learning how to earn, manage, and invest money is an important life skill that can be learned from a young age. Of course, a classroom token economy is a natural way to bring lesson plans to life. Earning points and tokens, purchasing items from the school store with these tokens, and planning for larger purchases are all principles of financial literacy in action.

By incorporating a student store into our financial literacy program, we aim to provide our students with a comprehensive and immersive learning experience. The store will serve as a practical application of the financial concepts they learn, preparing them for real-world financial challenges. We kindly request [Granting Organization's Name] to consider funding this additional component of the project, as it will significantly enhance the impact of our financial literacy initiative. 

 

Items

# Item Cost
1 Product Procurement / Incentives $1,000.00
  Total: $1,000.00

0% Funded

 

 

Only $1,000.00 Needed

 

Share

Please share this page to help in fulfilling this grant.

Facebook Twitter email

 

Special Thanks to Our Presenting Partners