The Lifeskills' Microsociety Program

Overview | School Only Currency | How is the currency earned? | Creating Income | How is the currency spent? | Savings

How is the currency earned?

Students can earn "school money" from a variety of activities. Some of which include:

• Serving as an employee within the society’s bureaucracy, eg: banker, chief executive officer, recycling officer, politician, gardener, auctioneer, general hand etc.

Position No: 002: Treasurer

Duties:

• To deposit monies from the sale of our products at the school office each week.
• Help the Chief Executive Officer in the Lifeskills' office each day.
• Check bank accounts and records of collectables regularly to make sure that no one is cheating (fraud).
• Ensure that The Clearing House Managers keep the details of all the cheques that have been written, up to date in their record book.
• Organise the issue of interest slips each month.
• Assist with weekly Tuesday auctions when the CEO cannot be present.
• Ensure that the Auction Registrar has correctly recorded the details of the weekly auction.
• Assist with banking transactions
• Issue replacement bankbooks for those students who lose or destroy their bankbook. The Treasurer will remember to charge the student 10% of his/her current balance for the replacement of the student's bankbook.

Requirements: Assist in the Lifeskills office from 1:00 pm till close, every day.

Remuneration: M750 each and every week

• Running their own licensed business at a student run "home school" market day or an inter school trade fair. Students trade with school money. The use of real money isn't permitted.
• Students apply for a business licence prior to trading. Students are encouraged to exercise creativity and initiative in creating their own products for sale to fellow students.
• Students are encouraged to create income for themselves by investing their savings in the Lifeskills' bank. A rate of 10% per month is paid at Maitland East.
• A simple medium through which all students (K-6) can create an income is through providing collectables. The table on the Creating Income – Lifeskills' Collectables page details how these collectables can benefit the environment, create income for the Lifeskills' Society, provide craft and technology resources and benefit charities.