Just checked in with What the Teacher Wants and I know I'm late (today is Tuesday), but thought I'd share my new management idea.  I do the colored cards, but this year I have a pretty good group of students and their behavior isn't all that bad, so I thought I'd try a reward system to encourage participation and attentive behavior. So. . . I've given each student a "bank" and start them off with 5 pennies.  Student can earn additional pennies for their "bank" by giving good answers, staying on top of their game, etc.  I'm also toying with the idea of taking pennies if students exhibit poor sportsmanship or bossy type behaviors (which I've noticed with some).

When students reach $1.00, the classroom store will open and students can purchase pencils, erasers, grippers (which for some reason this group is crazy about), stickers, etc.

I'm hoping this will not only encourage great behaviors, but also help with teaching money! 

Sorry no picture (yet) of the "banks" but they're just small plastic containers with lids. 10 for $1 at Dollar Tree!!