One of the first questions a lot of teachers ask me is "This sounds great, but how do my students earn money?"

My answer to this is usually something like "it depends" and it does. Because we don't want to mandate one way students make money. It really does depend on your classroom and what makes most sense.

The first way to earn money is by a basic attendance salary. I speak about this in my What to do first: Banking basics article.

Another way that works for most teachers are monetising existing classroom chores. For this you'll want to enable the 'Careers & Employment' module which can be found under 'Income & Careers' in the left-hand sidebar. In my classroom I list jobs for device monitors who are responsible for making sure all the devices are accounted for and charging when they're not being used. I have chair stackers, rubbish collectors, and even fish tank cleaners. Each classroom will have a slightly different job market, so put your thinking cap on and get your students to give you a hand too. When you start thinking about it there really are an endless supply of classroom based jobs for your students. 

Another way students could earn money is by integrating in other aspects of your curriculum. For example in my class whenever a student does some writing that is worthy of going onto the wall they are paid a 'publishing fee'. Likewise if a student excels in a test, or a sporting event I will award them some Banqer money. This is payment for class contributions and behaviour, not outright jobs they have performed. Again every class will be different, but the wheels should now be spinning as to how this would actually work in your class.

The last way my students earn money in Banqer is within the app itself. As you progress your students through and engage with more module there will be a number of ways the students can earn money. Be it compounding interest in their savings account, or rental income from their first investment property the money will come over time. 

You will also find your students get creative. I know of one student in Auckland, New Zealand who set up an in-class lottery. Keep an eye out for cases like this as they provide for amazing discussions & learning opportunities for your students.

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