Read the Fine Print

2020.09.25 9:31 am - 10:14 am

Teaching point: Why is it so important to read and understand your checking agreement?

Do now - Discussion Prompts

Make an estimate -- what is the average fee to take money out of a non-network ATM ?

Agenda

Do Now (5 minutes)

Mini - Lesson: Understanding your checking Account Agreement (10-15 Minutes)

Activity: Fine Print (15 minutes)

Closure (5 minutes)

Mini-Lesson: Checking Account Agreement

  1. Why is it vitally important to understand the fees your bank may charge on your checking account?

  2. Why do the women from the Financial Diet recommend using direct deposit, mobile banking, and financial apps?

  3. Checking account transactions are NOT reported to the credit bureaus and do not affect your credit score. Why is it still important to manage your checking account well?

  4. How much money do they recommend keeping in your checking account? How much do they recommend for your emergency fund (a savings account)?

2020.09.25 Reading the fine print

FINE PRINT: Checking account Agreement (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.

Closure (5 Minutes)

2020.09.25 Closure (Responses)