Managing Money
Introduction to Education & Practicum
(CIED 1001 & 1002)
Dr. Regina M. Ryel Thomason, Ed. D
Team Members:
Brandi Cole
Carmen Dunbar
Stephanie Vandergrift
Harvey Jones Elementary School
Springdale, Arkansas
Mrs. Gibson’s 5th Grade Class
Background Information
Mrs. Gibson’s 5th grade class at Jones
Elementary in Springdale are completing a
semester long study on economics.
Every student in the class “earns a living” by
completing various jobs in the classroom throughout
the month.
In order to teach her students about
budgeting, Mrs. Gibson’s students also pay a
monthly “rent” on their desk.
The students have the option to pay a monthly rent
until they save up enough money to buy the desk from
Mrs. Gibson.
The monthly rent on a desk is $700, and the amount to
purchase the desk is $3,000. Some students chose to rent
their desk while other students decided to save their money
and purchase the desk.
Introduction
• Our group decided to not only help reinforce the
budgeting and money management principles that Mrs.
Gibson’s class was learning, but we also incorporated a
skill building lesson on using decimals points.
• After we divided the class into 3 teams, each PreService Teacher worked with their specific team to
help them “Balance their Checkbook”.
• Once each team balanced their budget, the Preservice teachers lead the students in a discussion on
various ways to save money and how to budget wisely.
The students enthusiastically shared ideas about
saving money & “cutting costs”.
“Life is a Balancing Act”
Students Balancing their Checkbook
Project Overview
As a group, we created a
lesson plan incorporating
several of the course outcome
from our Introduction to
Education class.
Our EMPACTS project
provided us with a new
knowledge of lesson planning
as well as experience with
regards to communicating
professionally with educators.
Project Objective
Our team will gain greater
awareness of cultural
perspective as well as
achieving mathematical
literacy.
We will broaden our
understanding of the role of
the schools in our society by
developing foundational
knowledge in the field of
education related to school
governance, finance,
philosophy, history, legal,
laws and legal issues, reform
movements, and ethics as
applied to teaching and
schools.
The group will use
computers
proficiently and
develop oral
communication skills.
NWACC Learners Connecting
with the Community
We served the children of the
Springdale School District by helping
the students learn course content
according to the Arkansas
Frameworks for fifth graders.
By collaborating/
partnering with a 5th
grade teacher, we
developed networking
skills as well as made
contacts with the
Northwest Arkansas
community.
Community
We communicated with
Mrs. Melissa Fink,
principal of Jones
Elementary in Springdale,
AR., as well as Mrs. Kim
Gibson, 5th grade teacher
at Jones Elementary.
Curriculum Connections
Our group project helped
fulfill our Intro to Education
Course Outcome of “Students
will work in teams to make
presentations, participate in
and complete class and
community projects.” (Intro to
Education Course Syllabus)
The project also helped fulfill
our course Practicum learning
outcome to “Recognize the
practical applications of
learning theories, philosophical
concepts, the role and nature
of schooling and teaching, and
education in general.”(Intro to
Education Practicum)
Course
Outcomes
Technology Connection
“Hardware”
Technology Connection
“Software” & Resources Used
Microsoft Word 2007
Microsoft Office Power Point
Email
The Internet
Arkansas Frameworks
(www.arkansased.org)
The Book Teach Like Your Hair is on
Fire by Rafe Esquith
Skills Developed
Team Skills
Individual
Leadership
 Time Management
Teamwork
Collaboration
Organization
Communication
 Problem Solving
 Team Tolerance
 Public Speaking
Acknowledgments &
Appreciation
 Mrs. Kim Gibson - 5th grade teacher @ Jones
Elementary in Springdale, AR
 Mrs. Melissa Fink – Principal of Jones Elementary in
Springdale, AR
The book Teach Like Your Hair is on Fire by Rafe Esquith
 Dr. Regina M. Ryel Thomason Ed.D – EAST/EMPACTS
Curriculum Coordinator
Arkansas Department of Education /Arkansas
Curriculum Frameworks
C. Diane Phillips MS/MA EAST/EMPACTS Facilitator