February 15 2024- Shelby Lattimore, a third-grade teacher in Charlotte, has transformed her classroom into a simulated economy to teach students about financial responsibilities. In this unique approach, students earn fake money for performing various tasks such as holding doors open, cleaning up, and assisting the teacher. They are then paid on Fridays and can use their earnings to purchase rewards like lunch with the teacher, free time, or homework passes. Lattimore also charges students “rent” for their desks and chairs, emphasizing real-life financial concepts in a creative and engaging manner. Her TikTok videos showcasing these lessons have gained immense popularity, amassing over 27 million likes.
A teacher has gone viral for charging third-graders ‘rent’ and letting them spend fake money on homework passes
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