Money skills are an important part of adult life and learning financial responsibility is a vital part of the school experience. Using play money in the classroom as a reward or discipline system can promote responsibility and basic time management in younger kids. If you are considering introducing play money into your educational process start out with mapping out the rules of the game. Hand out printed dollar bills as rewards for a successfully completed activity or during a classroom sale. A student can expect to receive play money for completing their daily homework, having good behaviour or for any other activity you want to reinforce. Students can then spend their “cash” on school supplies, rewards or treats, but can also be fined for unsatisfactory grades or bad behaviour.
Printing Out and Using a Dollar bill Template
Dollar bill templates can be printed on coloured paper or cardstock for durability. Print the play money on white colouring paper for a fun project to entertain your younger students. A 10, 50 or 100 dollar bill template can also be something to use at home for a play-pretend game, garage sale-type activity or as a part of a homeschooling project. Using printed out coins, dollar bills or any other play money can teach kids how to budget, save their money and help develop an understanding of the general idea of healthy spending habits.