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Financial literacy is one of the most important skills you can give your high schoolers as they prepare to be young adults. A helpful video from Bank of America guides teenagers through the steps for setting up a budget, as well as banking tips and methods to keeping track of their spending.
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Concepts
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Instructional Ideas
- Use in an economics class when covering personal finance
- Host a budgeting or banking seminar for teenagers who are preparing for financial independence
- Encourage learners to watch the video at home, take note of important details, and then discuss what they have learned the next day in class
Classroom Considerations
- Animation moves a little quickly, so be prepared to pause the video when needed
- The extension link is only on screen for a few seconds at the end before the next video begins, so pause just before it ends
- This video is hosted on YouTube
Pros
- Helps to prioritize spending between necessary expenses and things one like to have
- Budgeting steps are clear and easy to follow
- Provides a link to the publisher's website for additional resources
Cons
- None