Third-grade teacher reveals why she charges her students rent every month and it's impressive

It is necessary to learn about financial responsibility and many people complain that the same is not taught in schools and colleges. Miss Lattimore, a third-grade teacher who goes by @shelby_thatsmee on TikTok, decided to bring a wholesome change to the same with her class of tiny tots by teaching them about financial behavior. However, to do the same, she decided to charge them rent for using desks at school and people have different opinions about the same. The teacher shared a video explaining that her kids would have to pay rent for using the desks. “Your rent for your desk and your chair is $5,” the teacher said to her students. The kids are seen creating chaos and saying, “You just gave us the money.” 

Miss Lattimore referred to toy dollars the kids would use for their financial transactions in class. She began calling out the students and collecting the “rent.” “You will earn more money when you do other jobs,” the teacher said. As one kid gave her the entire wallet, she corrected the child sweetly, saying, “No, you never give anyone your wallet. It’s your wallet. If you give them your wallet, they can take out as much money as they want to.” When one of the kids held out a $10 note, the teacher held it up in class and asked her kids to help her with the math. “Jordan has only 10, so how much am I going to give her back?” she asked. The students echoed a response, “5.”

People agreed this was a genius way of teaching kids about rent, math and money matters. In the comments, the teacher revealed that the kids had simple jobs like holding the door, maintaining discipline and so on, for which they’d get money to pay their rent. @dusty_rose_duffield said, “This is teaching good money and responsibility of property. I wish I had a teacher like this.” @bigdogdutch said, “Life lessons.” 

In a follow-up video, the teacher added more to what she had to teach the students. She began by explaining to them what happens when due money is paid late. Sharing an example of an electricity bill, she asked her students what would happen if she didn’t pay the bill. “You’ll be kicked out,” one student said. “Your lights are gonna be shut down,” another replied.

Miss Lattimore then asked, “And do you think they’re gonna accept the same amount as they had asked before?” Her students suggested that there would be more added to the amount. “When companies add more to a bill, it’s called a fine,” the teacher explained. To give them a better understanding, the teacher decided to do a practical explanation. “If you hand in your work late, I’m going to fine you,” she said. Miss Lattimore sure found a way to make classes fun while teaching kids practical life lessons, which are much needed. Imbibing these principles and learning at a young age will greatly aid the students as they grow. @niasiairby said, “They need more teachers like you. Life lessons should be added to the curriculum.” @papi_oso06 said, “This is dope. I wish my teachers taught me this in the third grade.”