Hi everyone!
I hope everyone is doing well! Business Fair is approaching very soon and the kids have been working SO hard on it. In class we discussed float money and I asked each student to go home today and speak to each of you about it. Float money is provided to each student by their parents and it is $20 in change. This could be any mixture of toonies, loonies, quarters, dimes and nickels. I always suggest having a mix of all! The float money ensures that customers can receive change if needed. I let the students know that if the transactions are done correctly, the float money should always remain at $20 and that money must be taken out of their money pouch before they count their profits. So with that being said, the float money should be returned to you in one piece. Some students are in partners and so it is up to those students to figure out how to split the float money. I always suggest doing $10 each in order to keep it fair. I also want to clarify that this float money is NOT for the students to spend on business fair, it will only act as the change for their transactions.
This float money is due on May 31st and I will keep it safe for the students until it is time for Business Fair on June 7th.
If you have any questions or concerns about this, please feel free to reach out via email.
Thank you!
Ms. P