8th - 10th
Have your young adults investigate the correct way to use a checking account. Incorporating algebra, learners calculate the balance of their account and balance their account correctly. They write a check and make "deposits" into their account.
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Banking and Budgeting
Middle schoolers explore personal finance. They investigate spending, saving, and budgeting. Practice writing checks, managing a checking account, and developing a personal saving plan. A great way to bring the real world into the classroom.
A Penny Saved
Budgeting, net vs. gross pay, savings, and fees are all key elements of personal financing and essential for your class members to learn about as young adults.
ELL Checking Account Reading and Reasoning
In this ELL checking account worksheet, students read a selection about a couple saving money for their wedding. They answer 5 true or false questions about the reading before writing a short essay about whether the couple should or should not open a joint checking account, explaining why or why not.
Banking on Debit Cards
What are the advantages and disadvantages of using a credit card versus a debit card? What are the costs of using a debit card irresponsibly? Here you'll find a lesson on key concepts that every learner should know regarding personal finance and banking.
For this math/science worksheet, students find the balance point of a variety of objects, and complete ten problems. Students look at sketches of objects and calculate the balance point, and also use meter sticks and weights. This is an advanced, high school level activity.
Banking 6: Bank Notes And Checks
Why carry around a heavy suitcase full of gold when you can write a check to your neighbor in the village? Sal's village banks flourishes in this video with the introduction of checks, demonstrating how a check essentially works. While this video is helpful for those interested in economics, anyone who is about to gain access to a checking account could use the lesson provided here.
Federal Reserve Balance Sheet
With an actual balance sheet from the Federal Reserve (from 2007, before all of the "banking silliness" began to happen), Sal walks viewers through the assets, liabilities, and equity of the Fed. Pupils will be pleased to see how the theories they've studied in class apply directly to the Federal Reserve, and they will be able to put the process of federal banking into a strong context.
Learners examine the dynamics of family finances. In groups, they discuss the importance of a budget and create their own given a fictional amount of money. As a class, they listen to a speaker from the bank discussing the importance of saving and opening up a checking account. To end the activity, they participate in a candy experiment to practice using a budget.
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Young scholars investigate the importance interpreting formulas. In this algebra lesson, students calculate their percentages of body fat and use it to make better nutritional intake decision. They learn healthier ways to-eat and reduce their BMI.
Understanding a Balance Sheet
A balance sheet is a tool that can help you determine your budget, how you'd like to invest, and key into getting a loan. Teach kids the importance of good accounting practices as they apply to everyday finance. They have a discussion, sharpen their math skills, and fill out a real balance sheet for practice.
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