The StAir Design will instruct students with Special Needs what a checking account is and how to open their own checking account.
A check is a written order telling the bank to pay money to the person named the check A checking account is a record of money you have placed in the bank, so you can later pay bills or buy things without using cash.
When you put money in the bank you are making a deposit When you write a check, the bank takes money from your checking account and pays the person that you name on the check. The amount left is your balance The bank helps you keep track of your check and deposits by mailing you a bank statement once a month. It is a written record of banking services.
Checks are safer. You dont have to keep large amounts of cash in your pocket or home. Checks save time. You can mail a payment or pay bills online instead of taking it to the person or into the business. A check is a receipt. A receipt is a written document that your money was received by the person you owe. Checks help you budget your money. You will be able to know where your money is going each month by looking at your cancelled checks. A cancelled check is a check you wrote that has been paid by the bank and sent back to you.