Skip to content
Search AI Powered

Latest Stories

Teacher's Method Of Charging Students 'Desk Rent' To Teach Them Financial Literacy Sparks Debate

Teacher's Method Of Charging Students 'Desk Rent' To Teach Them Financial Literacy Sparks Debate
@teamvuong/TikTok

TikTok is a marvel of an invention because now information can be shared quickly, seamlessly, and concisely. Life hacks are one of the defining sides of TikTok. But can a "life hack" go too far?

This is the question Mr. Vuong found himself faced with after creating a pseudo-capitalist system for his students in class, and sharing his procedure and how he believes it benefits the kids on TikTok.


@teamvuong

#Capitalism but... #teachersoftiktok #teachersfollowteachers #teachertip #realworldproblems #tokeneconomy #payrent #elementary #reallifeskills

Vuong has instituted a reward system in his classroom, wherein students earn "brain bucks" for various activities. Over the course of the year, they will be required to pay 15 brain bucks per month or one big sum total of 75 brain bucks for the year in order to pay off their "desk rent." Smaller sums of bucks can also be used to purchase small toys from a prize pool.

The idea Vuong is working with is that the system will teach the kids their own habits when it comes to money, as well as skills for budgeting and saving.

"It's really interesting to see which kids have delayed or instant gratification and see how they budget their money."

Immediately, Mr. Vuong received plenty of pushback.



@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok


In response, Mr. Vuong released a follow up video explaining some of the finer details of the system. His first order of business: addressing what happens if someone can't pay their desk rent.

"If they don't have enough because of a decision that they made that's in their control, it would be a really teachable moment on how to budget their money so that they can meet their next month's rent."
"And no, I would not traumatize and shame kids by evicting them and taking away their desk if they can't make rent."



@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok


Vuong also stressed that the kids had plenty of opportunity to earn besides just attendance.

Other activities that can earn a child "brain bucks" include acts of kindness, listening to others, effort and participation, contribution to class discussions, teamwork, and showing integrity.

@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok

@teamvuong/TikTok

Vuong's system is always improving, and because of TikTok, Vuong said he would now like to add sick and personal days into the system to make those things less of a question mark for the people attending class.

We look forward to an update on how the system is working for he and his kids.

More from Trending

A young girl sitting at the edge of a pier.
a woman sits on the end of a dock during daytime staring across a lake
Photo by Paola Chaaya on Unsplash

People Break Down The Most Painful Sentence Someone's Ever Said To Them

In an effort to get children to stop using physical violence against one another, they are often instructed to "use [their] words".

Of course, words run no risk of putting people in the hospital, or landing them in a cast.

Keep ReadingShow less
Sean Duffy; Screenshot of Kim Kardashian
Howard Schnapp/Newsday RM via Getty Images; Hulu

Even Trump's NASA Director Had To Set Kim Kardashian Straight After She Said The Moon Landing 'Didn't Happen'

Transportation Secretary Sean Duffy—who is also NASA's Acting Administrator—issued the weirdest fact-check ever when he corrected reality star Kim Kardashian after she revealed herself to be a moon landing conspiracist.

Conspiracy theorists have long alleged the moon landing was fabricated by NASA in what they claim was an elaborate hoax—and Kardashian certainly made it clear where she stands in a video speaking to co-star Sarah Paulson on the set of the new Hulu drama All’s Fair.

Keep ReadingShow less
Someone burning money
Photo by Jp Valery on Unsplash

Biggest Financial Mistakes People Make In Their 20s

It can be really fun to experience something for the first time that you've never really had before, like a disposable income.

For the average person, there isn't generally a lot of excess money to spend frivolously when they're a child, so when they hit their twenties and have their first "real" or "more important" job, they might find themselves in a position to enjoy some of the finer things in life.

Keep ReadingShow less
Kid Rock
Chip Somodevilla/Getty Images

Special Olympics Fires Back At Kid Rock With Powerful Statement After He Used 'The R-Word' To Describe Halloween Costume

MAGA singer Kid Rock was called out by Loretta Claiborne, the Chief Inspiration Officer of the Special Olympics, after he used the "r-word"—a known ableist slur—to describe his Halloween costume this year.

Kid Rock, whose real name is Robert James Ritchie, was speaking with Fox News host Jesse Watters when he donned a face mask and said he'd be going as a "r**ard" for Halloween. Watters had guessed he was dressed as Dr. Anthony Fauci, the former director of the National Institute of Allergy and Infectious Diseases who spearheaded the nation's COVID-19 pandemic response.

Keep ReadingShow less

Foreigners Explain Which Things About America They Thought Were A Myth

Every country has its own way of doing things, and what's expected and accepted will vary from place to place.

But America is one of those places that people who have never been there can't help but be curious about. After all, some of the headlines are pretty wild sometimes!

Keep ReadingShow less