Giving money to you. Just do well at school!

xfantasyrulezx SG

I was wondering

1) Will you be motivated to do well at school (to get As, pull up your GPA..) if you are rewarded with money?

2) Instead of gambling at the casino, buying lottery tickets, squandering your money at the arcade, are you willing to invest/bet on your grades and get a payment for doing well on your expected grade achievement?
e.g you current grade for math is C. you predict an A for this upcoming test, put in $20. If you win you get $50, if you lose $20 would be lost too.

3) There is a competition in your class to see who gets an A for a particular subject. you have to contribute a certain amount of money like everybody else who wants to play. Those who win gets to split the pool of money. Would you play this game?

Scholarships are given only to those who performs extremely well. Even though it may not be a huge amount, why not reward those who improves a little by little each day?

I greatly appreciate your honest and productive reply, as well as more fun ideas. I might be doing this game for real. Thanks for your contribution.

UltimaOnline SG

If you don't mind sharing, are you an NIE trainee teacher, a current MOE teacher, or a private school teacher, or a tuition center teacher, or a private tutor?

The context may also be a consideration in the implementation of your ideas.

wee_ws SG

Hi,

It is best to rely on one's inner motivation and drive to do well.

Thanks.

Cheers,
Wen Shih

Rock^Star SG

how old are you?

PedoBear SG

a nice way to train the next generation to gamble

Jiani SG

I not willing and have no money to play. I rather spend it on buying an ipad for myself.

Darkness_hacker99 SG

Dear xfantasyrulezx,

1) When I was young, my mum used to reward me with money. Actually it a mother-son kinda deal, which if I scored well in a test, I received monetary rewards (so that I can buy stuff that I like). My mum wanted me to do well, and I wanted to buy stuffs for myself... so it's mutual.

I don't think it's a bad idea... but in the long run, it is definitely unhealthy.

2) Betting/Investing on grades is a long term investments, and the rewards (as in the example) may not seems to justify the amount of effort put in to attain the said grades. However, constant monetary rewards may seems as a milestones which can be obtain easily.. as compared to a huge goal of improving grades from C to A.

3) Competition is good, monetary rewards is just part of the unsustainable recognition. Teachers in the US have come up with the idea of issuing certificates if the student attain Mastery for a topic. This recognition is better as the certificate is a prove and evidence of achievement.

Implementing this would incurre huge expenses.

I place more in recognition than rewards.

Best Regards,
Chin Seng
Homework Forum Moderator

xfantasyrulezx SG

Money is more important to you when it comes out from your own pocket. So when students put in their own money, i guess they would work hard for themselves and find a motivation to study. This may be short term maybe for a semester or so but once you get the momentum in achieving a very high grade i believe you would not want to fall below that. Especially, when it comes to cumulative GPA, it is very difficult to pull it up once it drops.

I've experienced that kind of regret. Therefore, I would like to implement this idea to suit it. Singaporeans are realistic. Good education=good career=more money. So why not?

P.s I'm a student.

xfantasyrulezx SG

If the rewards may not seems to justify the amount of effort put in to attain the said grades, why not just take it as a bonus point for your great effort. As long as you study very hard i'm sure you would roughly know where you stand.

Maybe issue certificates to them when they have improved.Would that be a recognition?

I plan on doing it in poly's and uni's. It would be a focus to improve on every sem's GPA in order to attain a high cumulative GPA.

Fcukpap SG

well said, Chin Seng….

recognition motivates better than rewards….the more publicized the recognition all the more better….

Darkness_hacker99 SG

Maybe issue certificates to them when they have improved.Would that be a recognition?

I plan on doing it in poly's and uni's. It would be a focus to improve on every sem's GPA in order to attain a high cumulative GPA.

The idea of issuing certificates is to recognize a particular student has attain a mastery level in a topic/chapter. Rewarding is just a small part of the whole big picture.

Okay, you seems interested in the topic. I recommed you to read up ARCS Model of Motivational Design.

Best Regards,
Chin Seng
Homework Forum Moderator

TTFU SG

definitely Not good in the long run. The child will have a wrong impression of money and that everything is pushed by money. What happens if there is no money involved ? Will he try his best ? hmm..

xfantasyrulezx SG

I don't think its part to do with me alone to do this, but the environment, our country etc.

In this case, may I know how do i achieve the whole picture?

How would you best motivate someone?

I really appreciate your answers.

Angelic-dream SG

Hmms, interesting topic.. Private organisations and our own government are implementing the system of work for reward, reward for work.. In my opinion, different forms of scholarships, awards and even merit bursaries are offered to students who are academically-inclined as well as to motivate them using monetary awards.. To those students who are having financial difficulties, monetary awards will be seen as an added incentive, so I'm pretty much convinced that local students are likely to do well if we are rewarded with money.. Of course, this is just my view and money is essential in everyday's life.. However, we should also put the money that we gained to good use ^^

xfantasyrulezx SG

The amount would be less than a $100. I don't think it is too much to give a great impression than he should only work for the money. Satisfiction in achievement would be my main motive too.

Why do people drag themselves to work even though most of them hate their job and dread going to work. At the end of the day it is still about the money. If there isn't money would people work like mad? Would workers think about how their company can improve and talk to their boss about it? In the work force it is so realistic that people just do their job, get paid and go back to a good home.

Angelic-dream SG

It's not really that realistic.. Ermms, i think most adults are slogging their guts out at work for the sake of the future and happiness of their family, maybe money take up a portion of the happiness as it could give them a quality life.. but dont people work for their own success and achievement as well?

Students work hard in school as they would gain a strong foothold in society and be successful in life (Eg Wealth, Fame).. However, i think it is important to note that a successful person may not be rich.. His life could be as fulfilling and enriching although he is poor, meaning that he's rich in other aspects (bringing joy to ppl).

So, at the end of the day, we should just take pride in whatever we do even if there's nothing to gain from it. ^^

UltimaOnline SG

One problem you have to be aware of, if the prize money is going to come from a student-pooled betting amount, is that because it's a zero sum game, and the winner will take from the losers.

Which means while the winners are encouraged, the losers are discouraged (because they lose money), which means the winners rejoice at the expense of the losers' agony. This may result in the plan backfiring, and do more harm (to the dejected losers) than good.

In contrast, with a scholarship, the winning money comes from a sponsor (eg. the foundation or organization offering the scholarship), so there are no student losers in that sense, and no risk of the plan backfiring.

This plan would be more feasible and less risky if you're a *teacher* with deep pockets (and are willing to sponsor scholarships for your own classes out of your own wallet), or can find willing financial sponsors.

TTFU SG

No again. As a kid. You should not let him or her know how realistic money is being at a small age, thats why parents tell their kids santa claus exist.

xfantasyrulezx SG

Define what is investing and gambling then help me categorise this idea.

stuffedbears SG

education and grades is your own investment. no need for this "extra"