Mark Robertson

Mark Robertson

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TEACHER SHARES UNIQUE FINANCIAL LITERACY LESSON ON TIKTOK

In a TikTok posted Friday a teacher explained a token economy system that he uses in his class to teach students financial literacy and reinforce good behavior in class. The original post by “Mr. Vuong” showed how students in his class can earn “brain bucks” for attendance, “being responsible,” and class participation. The TikTok got over 2 million views and 10,000 comments.

… On the last Friday of the month Vuong said that he charges fifteen brain bucks for monthly rent on each student’s desk. They also have the opportunity to pay seventy-five brain bucks to “pay off” their desk and be exempt from rent for the rest of the year. Students can spend their money on prizes or purchase privileges on a simulated Amazon online shopping site, where they have to pay a tax as well.

… Naturally some of the 10,000 people who commented wanted to overlook the valuable lesson in financial literacy Vuong is offering to wonder about “sick days,” “religious holidays off,” and what happens if someone can’t pay rent.

… Vuong isn’t an evil landlord — he’s a teacher trying to do what many parents in 2021 don’t: teach kids how the world works. He explained in a second video that no kids loses their desk if they can’t pay rent (obviously) and that “real life” events take precedent over his token economy system.

… Most commenters were not critical and appreciated what the teacher is doing. As one TikToker wrote: “I feel bad that you have to explain yourself but loved hearing about how much thought you put into this.”


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