This is part of the free editing set from First Grade Wow. For kindergarten, I use it to show what they can do (smiley face in the check box) and what their newest personal challenge is (I highlight the check box). They keep it in their writing folders. It helps differentiate learning and gives each student focus. There are many other useful pages in the packet, too. All free!
This is a great idea for a poster to put up in your classroom to discuss with the students how to think when reading. It covers 6 ways to think while reading; summarize, question, connect, infer, visualize, and predict. I would make this poster and put it up in my classroom to help model thinking and guide my students thinking process while reading.