BANKING IN THE CLASSROOM Ashley Bailey. Standard  SS5E4 The student will identify the elements of a personal budget and explain why personal spending.

Slides:



Advertisements
Similar presentations
Key to the Future Chapter 2, Lesson 1 Warm-Up Questions CPS Questions Note for teacher: Use Pick a Student button in CPS.
Advertisements

TYPES OF FINANCIAL SERVICES SAVE AS: FINANCIAL SERVICES NAME TEACHER DATE NAME, TEACHER AND DATE.
Sample Family Budget. Learn to Live on a Budget A budget or spending plan helps you track the money you earn (income) and where the money goes (expenses).
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Banks and Other Financial Institutions Financial Services.
Class School Year. About this Course Teacher Times Location.
Sources of Capital CHAPTER 9 SECTION 1: Saving SECTION 2: Investing
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 17 SLIDE Banks and Other Financial Institutions 17-2.
WE’RE IN THE MONEY! Incorporating life skills math through a token economy system of behavior management by Mrs. Champagne.
WWW. HSFPP. ORG 0 NEFE/Extension Representative Mary Beth Kaufman Family Finance Program Specialist.
Banking and Financial Services
5.E.1 Understand how a market economy impacts life in the United States. 5.E.2 Understand that personal choices result in benefits or consequences.
Budgeting Methods Staying on Track A variety of methods are available for making sure you stay on track with your budget.
CLASSROOM ECONOMY ROOM 205. WHAT WILL WE DO? We will:  Earn money from working our classroom jobs;  Earn bonus money for doing well;  Lose money for.
Oklahoma’s Personal Financial Literacy Passport
Financial Literacy Vocabulary Terms How is money used in society? How do I pay for goods and services? How do I keep track of my saving and spending? 1.
Unit 03: Financial Literacy Vocabulary. Available Balance The amount available in an account for a person, business, or organization to spend. How much.
CHECKING ACCOUNTS 1. STUDENTS WILL KNOW WHAT A CHECKING ACCOUNT IS AND HOW TO MANAGE IT. STUDENTS WILL LEARN ABOUT DIFFERENT BANKING FEES. STUDENTS WILL.
Read to Learn Discuss the different types of checking accounts and how they work. Discuss other services and offerings that banks provide checking account.
 CONVENIENT  HELPS YOU KEEP TRACK OF MONEY: USING THE CHECK REGISTER OR ONLINE BANKING  SAVES YOU MONEY – EXPENSES ARE LESS THAN MONEY ORDERS.
College Algebra Credit Through Kentucky State University.
N4 BUSINESS IN ACTION/N5 UNDERSTANDING BUSINESS HOW DO SMALL BUSINESSES OPERATE BUSINESS PLANNING.
L ESSON 6 – G ENERATE A BUSINESS IDEA FOR THE CLASS : P ART TWO M AKING IT WORK IN THE CLASSROOM.
Introduction to Business © Thomson South-Western ChapterChapter Banking and Financial Services Banks and Other Financial Institutions Financial.
Workshop IV: Using Social Media & the Web for Financial Education Programs Riaz Latifullah Strategic Markets LifeTuner ®
This is an overview of this presentation: Ways to earn money How to think about expenses How to track spending How to set up a budget When to use credit.
Table of Contents Session 1 — Getting Started What Kind of Spender Are You? Wants vs. Needs — Creating Good Spending Habits Avoiding Budget Killers Session.
Personal Money Management Day 1
Personal Finance Introduction and Financial Facts.
Ch. 19- Balancing Act. Priorities- things most important Maintaining balance – Take charge of time – How do you use your time? Learning: – Get more out.
CREDIT AND BUDGETS. MONEY Each person makes unique decisions about money Most people have a mixture of different attitudes, values and beliefs about money.
ETE 335 Elementary Social Studies Lesson Gardner’s Multiple Intelligences.
MOŘE FINANCÍ.CZ Sail the sea of finance. 1. How much money do you spend in a month? Where does it come from? Do you earn it? How? 2.Do you have a budget.
Checking Accounts/Banking Services Checking Accounts Used for regular spending money and to pay bills Write checks or use debit card to spend from.
2-3 Other Measures of Business Activity. Goals Discuss investment activities that promote economic growth. Explain borrowing activities by government,
Welcome Back to School! Click to add your name and grade.
Part 1 Intro: Working and Earning Goal: Describe the factors that influence an individual’s income. Brainstorm…… individual skills and abilities, work.
Dollars and Sense Money and Personal Finance Business 1, Miss Patty Schmitt.
Topic 5: Tracking Your Money Wealth Management Mrs. Tobe.
Simple Interest. Simple Interest – * the amount of money you must pay back for borrowing money from a bank or on a credit card or * the amount of money.
© 2003 SOUTH-WESTERN PUBLISHINGCHAPTER 23Slide 1 CHAPTER 23 BANKING AND CREDIT 23.1Financial Institutions 23.2Checking Accounts 23.3Credit and Its Use.
Teacher’s Page: Life as a Butterfly 7 th Grade GLE: 6 Discuss the life cycle of the butterfly. Print out the next slide for the students to use to gather.
Personal Finance April 17, Money Management  Everyone must make choices about what to do with their income, including you  Income is money earned.
FACTORY SHOALS MIDDLE SCHOOL MR. L. SMITH. Agenda Message Agenda Message: Bring calculators to class everyday this week. Vocabulary Quiz is Thursday,
MILLENNIAL MONEY Thursday, November 19, 2015 finlit.gscpa.org The Georgia Society of CPAs.
© 2008 Pearson Addison-Wesley. All rights reserved Chapter 4 Managing Your Money.
2-3 Other Measures of Business Activity. Goals Discuss investment activities that promote economic growth. Explain borrowing activities by government,
Pay Yourself First Financial Capability. Pay Yourself First Income – any money you receive Expenses – what you spend money on Spending plan – a plan for.
Unit 03: Personal Finance Performance Indicator 1) Mark has opened a snow cone stand on property he recently purchased. The following information needs.
Everyone’s an Entrepreneur! JENNA HENKEL – THIRD - COGBURN WOODS ELEMENTARY SCHOOL MEGAN MCGUIRE – FOURTH - NORTHWOOD ELEMENTARY SCHOOL.
Borrow or Not to Borrow Planning Financially for College.
Financial Planning. Journal 2/2/2016 How does supply and demand affect the economy? Explain how the law of supply works? How does the law of demand?
Personal Finance Money Management Choices SS6E4 & SS7E4
© 2015 Brain Wrinkles SS6E4 & SS7E4 Money Management Choices.
Avoid Seasonal Splurging A Financial Literacy Presentation by Member Name, CPA.
Money. How much money does a third grader need to “live” on for each month?
Do Now Why do people have checking accounts?. Unit 4: Lesson 13: Checking Accounts Day 1 Objective: identify vocabulary terms related to checking accounts.
Our Class Economy By: Mrs. Chappell and Mrs. Lane.
Money and Financial Mathematics 12.
Account Number Is your unique reference number in a bank?
1 Getting a strong start Money Management A project of Consumer Action | Funded by Consumer Action’s Money Management Project.
Oklahoma’s Personal Financial Literacy Passport
Vault Highlights Topics Areas Understanding Money™ 6 modules
Management Tools.
Introduction to Environmental Systems
WELCOME TO NHS BACK TO SCHOOL NIGHT
PREPARING A VOUCHER CHECK
2016 Budget Review A Level Economics.
MAINTAINING FINANCIAL INFORMATION
Savings & Checking.
Presentation transcript:

BANKING IN THE CLASSROOM Ashley Bailey

Standard  SS5E4 The student will identify the elements of a personal budget and explain why personal spending and saving decisions are important.

Day 1  Define terms for activity  Cost  Debits  Credits  Earn  Receive  Budget  Spending  Saving

Day 1 - Continued  Students will brainstorm with the class and then create a Comic Life project to describe the credits and debits earned in the classroom.  This project will be accessible to the student throughout the activity so they can keep up with their earnings.  Ideas for credits: homework, an A, B, or C on a test, good attendance, etc.  Ideas for debits: not prepared, F on a test, tardies, absences, etc.

Day 2  Complete Comic Life and print  Begin keeping track of debits and credits with a starting balance of $ using template found here here  Discuss the importance of keeping track of money using a register

Day 3-4  Review the idea of banking, business and personal finance.

Functions: Businesses, Banks, & Government ia/circular.html ia/circular.html What is the function of business in our economy? What are the functions of banks in our economy? What is the function of government in our economy? How do these three interact? What is the function of business in our economy? What are the functions of banks in our economy? What is the function of government in our economy? How do these three interact? Courtesy of georgiastandards.org

Personal Finance  Feed the Pig! Great personal finance site with lots of interactive components:  Holiday Savings Calculator ulators/holiday/hol_calc.asp : ulators/holiday/hol_calc.asp Courtesy of georgiastandards.org

This is the rubric to help the teacher grade the projects. The rubric will be available to the students. rubric