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Do now - Discussion Prompts
Do now - Discussion Prompts
Answer the following in your notebook
1) Do you have a checking account? Why or why not?
2) What do you think are some advantages and disadvantages of having a checking account?
Agenda
Agenda
Do Now (5-10 Minutes)
Do Now (5-10 Minutes)
Mini-Lesson (15 Minutes)
Mini-Lesson (15 Minutes)
Classwork (15 Minutes)
Classwork (15 Minutes)
Closure/Homework (5 Minutes)
Closure/Homework (5 Minutes)
Mini- Lesson (15 Minutes)
Mini- Lesson (15 Minutes)
Watch a Series of videos to meet the following learning objectives.
Explain what a checking account is used for and why it is important to have one
Understand the variety of ways they can deposit and withdraw funds from their checking account
Describe the consequences of not being in the banking system
Why Should we use a Bank?
Why Should we use a Bank?
Watch Full Video
Disadvantages of not having a checking account
Disadvantages of not having a checking account
Watch from 9:08 - 12:47
How does a checking account work?
How does a checking account work?
Watch Full Video
Ways to Deposit Money INTO Your Account [called a credit]:
At a bank branch
Through an ATM
Direct deposit from your employer
Electronic transfer in from another account
Mobile app deposit
3rd party app (ex: person-to-person payment)
Ways to Withdraw Money FROM Your Account [called a debit]:
At a bank branch
Through an ATM
Use debit card to make a purchase in-person/online
Write a check
Electronic transfer out to another account
Online bill pay
Mobile app withdrawal/payment
3rd party app (ex: person-to-person payment)
Classwork (15 Minutes)
Classwork (15 Minutes)
Complete the classwork in Google Classroom. Click here to access the link. If you would like to work in a group please let me know and I can set that up for you.
Wrap-Up (5 Minutes)
Wrap-Up (5 Minutes)
Classwork Review and Questions
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