Prefer to watch a video? Follow along with Katie as she sets up her classroom here:
1. Add your classes
Click on the + sign on the left-hand side of the screen.
2. Add your students!
Choose if you would like to quickly add all students at once with a class code, input students on your side with a username and password, or import student info from an Excel or .csv document.
Click the class on the left hand side that you would like to add students to.
Select "Add Student"
To add students with class code
Select "Class Code."
Project the class code or write the code on the board.
Have students go classbank.com > then click Sign Up > Student
They will then be prompted to type in their class code, name (optional), and chosen username and password.
To add students manually
Select "Student Info.
Input their name (optional), and chosen username and password.
To import students
Download the student info template from the pop up or below (Download one for each class)
Fill out with student information
Note: Be sure to keep the exact title wording (case sensitive) and order
Select the document that corresponds with the roster for that class and upload!
To add students with a school subscription
Search for the student's name and select the desired student.
If they have not already been added, select "Add another student."
3. Add your bonuses and fines
Give bonuses and fines to reinforce classroom values!
Click on any class > Setup > Bonuses
Note: Your settings will be shared across all classes.
Select "Add Suggested Bonuses" to get started with our recommended bonuses.
Click the pencil icon on the right to edit suggested bonuses to fit your classroom.
Select "Add Bonus" to add custom bonuses.
We recommend adding 5-10 bonuses between $5-$20.
Click "Fines" at the top of the page and repeat (if fines don’t speak to you, feel free to skip them!).
We recommend adding 3-7 fines between $5-$20.
Pro Tip: The bonuses and fines you select during the set-up process will pre-populate when you click to send a bonus or fine. You can also send customizable transactions on the fly!
4. Add your store items
Students learn to budget, set goals, and use their savings to purchase rewards from the classroom store.
Click "Store" at the top of the page > then "All Items"
Select "Add Suggested Items" to automatically apply our recommendations.
The majority of our suggested items are free for teachers!
Select "Add Item" to include any custom items.
Select one of our preset images or upload your own.
We recommend adding a range of items anywhere between $5-$100. A $5 item might be a smaller item such as a piece of candy, a medium $50 item may be sitting at the teacher's desk, and a larger $100 item may be a homework pass.
Return here to close the class store and edit store items, or click “Store Transactions” to view student purchases.
Pro Tip: Create your store list with your class to build excitement and engage students!
Bonuses and the store are the core of a classroom economy so if that's enough for now, feel free to run with it! If you want to take things to the next level, read on!
5. Add your Jobs & Student Helpers
Classroom jobs allow students to take ownership of class routines and make your life easier!
Click "Jobs" at the top of the page.
Select "Add Suggested Jobs" to get started with our recommended jobs.
Select "Add Job" to add any custom jobs.
We recommend students earn a total of $100 per month to balance their bills and so they are incentivized to earn bonuses. Consider how often you are paying your students. If you plan to pay them weekly set salaries between $20-30, biweekly $40-60, or monthly $90-110.
Optional: Add "Student" Job
Pay all students a "Student" salary if you do not have classroom jobs for everyone so that all students have a source of income.
Once you’ve added your students, make sure to hire ALL students to the student job so they receive this paycheck.
Turn on autopay to automatically send paychecks to your students.
Click Edit Class > Auto Pay check box > Choose weekly (on Fridays), biweekly (first and third Friday of every month), or monthly (first Friday of the month).
Return here to hire students, view applications, and edit your jobs.
Pro Tip: Hire Student Bankers to fully turn your economy over to your students. This not only increases student ownership but saves you time!
6. Add your bills
Students use their income to pay bills, such as rent for their desk, to practice budgeting in a safe space
Click "Bills" at the top of the page.
Select "Add Suggested Bills" to automatically apply our recommendations
We recommend charging a total of $100 in bills monthly and recommend $80 for rent and $20 for utilities.
Select "Add Bill" to include any custom bills.
Teachers have gotten really creative with these such as charging an AC bill in the summer and heating bills in the winter.
We recommend sending bills on the first of every month. See Pro-Tip below to learn about Auto-Pay.
Pro Tip: Turn on Auto Expense to automatically send bills to your students.
Click Edit Class > Auto Expense check box > Choose weekly (on Fridays), biweekly (first and third Friday of every month), or monthly (first Friday of the month).
7. Add Savings and Interest
How to turn on Savings:
Click Edit Class
Check the Savings check box to turn on
Repeat for all classes
How to turn on Interest*:
Check the Savings check box
Choose the cadence that you would like to send interest.
weekly (on Fridays) to send interest every Friday.
biweekly to send interest on the first and third Friday of the month.
monthly to send interest on the first Friday of the month.
Prefer your students to work only with whole numbers? Check off "Round interest to nearest whole number." Otherwise, interest payments will be rounded to the nearest hundredth when applicable.
Wondering what Savings & Interest looks like on the student side? Find out more here!