Business Time 

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The students in our third grade classroom have a close-to-the-real-thing economy called “Business Time.” The economy is based on a currency called Bonus Coupons. Children earn a paycheck each week by performing duties as students and can earn additional BCs by doing additional jobs such as financial adviser, public relations specialist, insurance agent, bank officer, data analyst, and more. The paycheck can be put in the classroom bank called Burney Bank to earn interest and saved, or spent on expenses like desk rental or purchase, insurance premiums, taxes, or something more fun.  Student-citizens may find even more ways to earn money by checking out the Opportunities Board and can shop from our Menu.  (listed below). Each week, disasters occur in the world outside the classroom and our students must be financially prepared for them as well.   Our insurance company covers  hurricanes, fires, and floods. Citizens who have policies  are protected.

As the school year progresses, the citizens of Room 205 have the opportunity to earn additional pieces to expand their community such as a fully functional, three branch government, the opportunity to start their own businesses, and finish off with enjoying their retirement during our 205 Auction.  We file income tax based on our year long income and develop a budget as we head into retirement, all with the goal of making our experience as true-to-real-life as possible.

The students of Room 205 learn about saving and spending ,  insurance, taxes,  planning for the future, and preparing themselves to be financially responsible adults all the while think they are just having fun.

Opportunities and Menu

How can we earn BCs beyond our paychecks?  How can we spend our BCs?  

Forms for opportunities can be found on main Business Time page.  Feel free to print out as often as you wish.

Room 205 Opportunities

Ways to earn Bonus Coupons. Note: These opportunities are all optional. They are not a requirement.

• 10 Bcs Pay check for weekly work and good behavior

• 10 Bcs Write a two paragraph letter to someone in friendly letter format

• 20 Bcs Complete a challenging math assignment (page provided by Mrs. Wilhelmy)

• 30 Bcs Create a study guide for the class to prepare for a test or quiz

• 40 Bcs Clean your bedroom at home (Form available)

• 50 Bcs Memorize and recite a poem (Mrs. Wilhelmy will provide poem)

• 50 Bcs Solve a Sudoku (Mrs. Wilhelmy will provide puzzle)

• 50 Bcs Create and type a resume for yourself

• 50 Bcs College Tour Opportunity (Form available)

• 80 Bcs Write 3 informational or argument paragraphs about a topic that interests you

• 100 Bcs Find and make a recipe (Form available)

• 100 Bcs Family Game Night (Form available)

• 150 Bcs Write 10 informational or argument paragraphs about a topic of your choice

• 200 Bcs Design and conduct a science experiment (Form available)

• 250 Bcs Fitness and Health Opportunity (Form available)

• 300 Bcs Complete Math review packet (See Mrs. Wilhelmy for packet.)

• 500 BCs Passport Visit (Town and Cleveland Museum of Art)– Travel to location on approved list. Bring passport to location, follow directions, have passport signed by adult, return it to school.

• 600 BCs Complete a 205 Challenge Card (Form available)

Room 205 Menu

Ways to spend your Bonus Coupons

• 5 Bcs   per week Desk rental (Desks may be purchased. Mortgages available at Burney Bank)

• 5 Bcs Retrieval of item from classroom Lost-And-Found

• 10 Bcs New pencil

• 10 Bcs May honor classmate, family member, or friend in newsletter

• 10 Bcs Second copy of worksheet, homework page, instruction sheet

• 15 Bcs May have a stuffed animal or toy on your desk for day

• 30 Bcs Use Mrs.Wilhelmy's chair for the day

• 35 Bcs Laminated multiplication matrix or addition/subtraction helper for your desk

• 40 Bcs May have article, story, poem, advertisement, or photo published in newsletter

• 50 Bcs Email a family member during the school day

• 25 Bcs Rent office space for a day (See Real Estate Offerings poster)

• 20 Bcs Flu Shot to prevent any health disasters for school year (Available at Root Seller Insurance Company until the end of October. Must be presented at time claim is filed)

• 20 Bcs Smoke detector will reduce fire disaster cost by 50% for entire school year. (Available at Root Seller Insurance Company. Must be presented at time claim is filed)

• 200 BCs Set of 30 personal business cards (name, room number, job title)

• 1,000 BCs Naming rights for various locations in classroom. Name would remain on location until June of that school year.

Paid Positions available in Business Time Community (application, interview, and references required):

• Bankers

• Financial Advisors

• Insurance Agents

• Data Analysts

• Math Specialists

•  Event Planners

• Public Relations Specialists

These Opportunity Forms may be printed out or you may ask for one at school.

Room 205 Passport

What is this?  

  What better way to learn about our local community than to actually visit  locations around town?  BCs are available to students who visit any of the listed locations, introduce yourself as a student from Kensington, Room 205, and request a signature on your Passport from an employee or your parent.  Follow the instructions  have a grown-up sign the card, and return it to school to redeem your BCs.  Hours and addresses can be found in the websites of each location.

Each child is given a passport on the first day of school.  If this needs to be replaced, they can be purchased for 50BCs at school.

                What neighborhood businesses participate?

1.  Blackbird Bakery  http://www.blackbirdbaking.com/scid=663125&kw=5224184&pub_cr_id=7318088298 

2.  Breadsmith Artisan Bread and Bakery  https://www.breadsmithcleveland.com/ 

2.  Eddy's Bike Shop   https://www.eddys.com/

3.  Brewella's Coffee, Crepes, and Collectables  www.brewellas.com/ 

4.  Herb's Tavern https://www.herbstavernrockyriver.com/ 

4.  GPS Gift Gallery  http://www.gpsgiftgallery.com/  

5.  GV Art + Design   http://gvartwork.myshopify.com/       

6.  Huntington Bank (Rocky River branch on Center Ridge Blvd)  https://www.huntington.com/

7. Salmon Dave's  http://www.shoppapertrails.com/

8. Second Sole  http://www.2ndsole.com/

9.  Tomorrows, a salon  http://tomorrowssalon.com/

Challenge Cards

Challenge Cards are designed to be difficult and thoughtful.

They are not a requirement and have no due date of any kind.

If a student takes on a challenge, he/she is responsible for the work, however may receive help gathering supplies, travel to locations necessary for task, editing, proofreading, and advice.

Take your time!

Have fun!

Submit your results for many, many Bonus Coupons.