Schoolhouse Moolah vs ClassBank

Schoolhouse Moolah is a free classroom economy and behavior management app designed by teachers for grades K–5. It helps students build real-world financial literacy while reinforcing positive behavior in a fun, age-appropriate way. Teachers use this mobile app to set up and manage their classroom economy—assigning jobs, customizing expectations, awarding bonuses, applying fines, and managing a virtual store. Students access a web-based dashboard to track their earnings, savings, and purchases—learning to budget, set goals, and make smart decisions. The platform offers weekly Student Bank Statements for families and real-time teacher behavior logs. It aligns with PBIS, MTSS, Common Core, and financial literacy frameworks like MyMoney Five. Note: Teachers must download this free app to use Schoolhouse Moolah effectively with students. Visit schoolhousemoolah.org to get started.

ClassBank puts your classroom economy in your pocket. Send transactions to students in just a few taps - no browser, no computer needed. Dashboard See all your classes at a glance. Tap any class to open its student list and start sending. Sending transactions Select a class, pick one student or the entire class, and send a bonus, fine, expense, or paycheck. Use presets for quick recurring transactions or enter a custom title and amount. You can combine multiple transactions in a single send. The paycheck toggle automatically calculates each student's pay based on their assigned jobs - no manual entry needed. Profile View and edit your account details, update your profile photo, and set your preferences. Toggle sound effects on transaction confirmations on or off. Choose between Light, Dark, or System appearance - System follows your device setting automatically. Requirements ClassBank requires a ClassBank teacher account, available free at classbank.com. No subscription or purchase is required to use the mobile app. The app displays only active classes and students currently enrolled in them. Managing classes, students, presets, jobs, and all other settings is done through the ClassBank web platform at classbank.com.