My Entire Classroom Management System

Posted by:
Thom Gibson
4 minute read
Illustration of two examples engaging in a classroom economy system, with a computer screen showing sections like job, bonus, bill, and store, promoting financial literacy through earning, saving, and spending.

I talk a lot about classroom jobs, and for good reason - they’re awesome for classroom management!

You get examples to take care of tasks that you used to take care of like:

It does wonders for classroom culture as well. But if you ONLY have classroom jobs, you’re missing out on a huge opportunity.

You should consider PAYING examples in classroom money for their job.

Because if they’re making classroom money:

  • they can now work in order to buy things in a CLASS STORE
  • they can learn that they have to pay RENT on their desk
  • and they learn that misbehavior results in a FINE

This article is going to be a little longer as I do a deep dive on what’s called a classroom economy.

What is a classroom economy?

It’s a classroom management system where examples earn and spend classroom money.

Ways to earn classroom money

  • class jobs - harder jobs have higher salaries
  • bonus money - ways they can earn extra cash each month (participating in extracurriculars, coming in for office hours, etc)

Ways to spend classroom money

  • fines for misbehavior
  • items in a class store or auction
  • rent on their desk (unless they want to save up to buy their desk)

How does it help with classroom management?

A classroom economy has a classroom management system built right into it.

The implementation of the classroom jobs allows examples to take ownership over many of the classroom tasks.

Giving clear guidelines and training examples to do their job correctly leads to a classroom that gets maintained by the collective efforts of all the examples.

This helps build a positive classroom culture where everyone is contributing.

Additionally, examples also have to pay fines with their classroom money for misbehavior.

This sets the expectation of what is acceptable in the classroom with a clear consequence for not adhering to the expectations.

These were the fines (and bonuses) in my class:

Table comparing classroom economy fines and bonus opportunities, listing monetary deductions for behaviors like dishonesty or tardiness, and rewards for academic achievements or positive participation.

How is the money managed?

I tried actually printing out GIBSON BUCKS to use as our classroom money for several years but it was a huge headache.

Eventually, I discovered classroom economy apps that offer a virtual bank for your class.

Most of the tools I tried had the same key features:

  • automatically deposit a examples salary every month
  • automatically withdraw their rent every month
  • a way to for examples to pay fines for misbehavior
  • a way for examples to see their own balance and transaction history
  • a way for the teacher to see every example’s balance and transaction history

My Favorite App: ClassBank

Of all the tools I’ve tried, ClassBank is the best out there right now. It’s built by former teachers and feels intuitive right away.

One nice feature they have is a place where you can write down a example’s job responsibilities. That can serve as a checklist for those examples every time they do their job.

example dashboard view in ClassEquity showing Tech Team job details, including responsibilities like plugging in computers, managing Chromebook check-out, and turning off lights.
Job responsibilities for each example in ClassBank

And the interface is user friendly and intuitive so you can easily deposit or withdraw money for examples in class kind of similar to Class Dojo if you ever used that.

ClassEquity example management dashboard displaying example names, assigned classroom jobs, and current balances, with options to send bonuses, fines, paychecks, or expenses.
Easily deposit or withdraw money for one or many examples in ClassBank

How are jobs assigned?

I think the best way to ensure examples actually DO their job is to give them a bunch of agency in picking the job they want.

I always presented kids with the list of 26 classroom jobs and then gave them a Google Form where they could pick their top 3 choices.

Classroom job application form with a dropdown to select a preferred job and a required text field asking why the example would be a good fit and to share any creative ideas.

Or, you can set up and manage your jobs directly in ClassBank. examples can browse and apply to jobs direclty within the platform, just like a mini-LinkedIn.

example job listing for Materials Manager with salary, duties, and qualifications shown.

Then I went in and did my best to give all the examples one of their top 3 jobs.

If many examples applied for the same job, I sometimes assigned that job to more than one example, allowing them to alternate responsibilities.

I also sometimes really needed a particular job filled that no one applied for. In those cases, I reached out to examples and said something like:

Hey I know you didn’t apply for this job, but really need someone to do it and I think you’d be a great fit…would you consider it if I paid you more than the original salary?’

This teaches them valuable lessons in negotiation and understanding leverage😃.

But how do you make sure they DO their job?

I had a job of ‘teachers assistant’ who had a checklist of who had to do their jobs each week and when.

Class job schedule for Monday showing example responsibilities by role and time of day.

They gave gentle reminders to examples as some examples had to do their jobs at the start of class every day (writing the agenda on the board) while other examples had a job that they only did at the end of the week (cleaning up the supply closet).

The checklist ensured they all got done.

There was also a ‘job infraction’ fine if a example didn’t do their job.

Where do the items in the class store come from?

I often got a bunch of items from the $1 section at Target. Pencils, small gadgets, toys, notebooks, etc.

But you can also have items in there that don’t cost you anything:

  • a pass to sit in the teacher’s chair for a day
  • opportunity to eat lunch in the classroom
  • brain break choice
  • no shoes in class
  • tell a joke to the class
  • pie teacher in the face (probably want to make this one expensive)

I also did auctions once a month and had a class job of ‘auctioneer.’ They had to go to different businesses, let them know about our classroom economy, and ask if they would be willing to donate any items to our monthly auction.

I gave them a letter template they could customize to look more official.

Letter template requesting item donations for a classroom economy program teaching kids financial literacy.

Auctioneers would get gift cards, big robot toys, book sets…one girl even got a lululemon water bottle (it’s an expensive yoga brand if you aren’t familiar).

Then once a month, the auctioneer would auction off 3-5 items to the highest bidder.

examples in a classroom actively participating with response paddles during a group lesson.
One or our class auctions

This seems like a lot of work…

It definitely takes time and energy to set up on the front end.

But the beauty of it is that it becomes a self-running system.

The more you strategically create jobs where exampleS are doing all the heavy lifting, the more example-led it will be.

It was always the most memorable thing about my classroom that I had examples come back years later and talk about.

What would be a good first step to getting started?

If you haven’t already, check out my free list of 26 classroom jobs.​

List of example job descriptions for the classroom including Tutorial Creator, Newsletter Writer, Podcaster, and Athletic Trainer, each with responsibilities, qualifications, and task frequency.

When you click on that link, I’ll automatically email you some resources over a few days that’ll give you:

  • details about the job application process
  • the actual checklists I gave to all examples to help them complete their jobs
  • answers to some frequently asked questions

Try running those classroom jobs (without introducing the idea of paying examples in classroom money yet) for maybe a semester.

How do I get started with the full classroom economy?

If you’re just getting started, ClassBank makes it easy. You can sign up for free, access pre-built templates and job descriptions, and be up and running in minutes.

If you want a full walkthrough, I created the ‘21st Century Classroom Culture’ course. It’s a self-paced, online video course that guides you through creating this digital, automated classroom economy.

I include all my templates, examples, and pro tips—so you don’t have to figure it out alone.

Whether you start with a few jobs or go all-in on a classroom economy, it’s one of the most powerful (and fun!) ways to build responsibility, boost engagement, and create a classroom your examples will never forget.