Mentoring Money Management

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2018 / January

Chen Chun-fang /photos courtesy of Chuang Kung-ju /tr. by Scott Faul


Wenlin Elementary School in New Tai­pei City’s Shu­lin District has created its own school currency, along with a campus bank to issue and manage the banknotes. Students can earn “Wenlin Dollars” through such means as adhering to the code of conduct or being a class officer. Their salaries and cash awards can be deposited in a passbook savings account issued by the virtual bank or spent on items from the school’s exclusive rewards store. Economic activities like earning, spending, and saving money have become commonplace for the children of Wen­lin Elementary, demonstrating the unlimited possibilities for money management education by means of an imaginative system that brings the classic wealth-building game Monopoly to life.

 


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