Federal Reserve Bank
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.
Council for Economic Education
You Can BANK On This! (Part 1)
Students investigate the concepts of money management and banking through Internet activities. In this economics lesson plan, students discuss the characteristics of money and how people once bartered with goods instead of paying with...
Curated OER
Checks and Balances
Students examine how bank checks work and follow the "journey" of a written check. They discuss how transactional accounts work, identify and discuss the various parts of a check, and participate in a simulated business transaction...
Curated OER
Managing Your Finances
Students practice the skills involved in managing their finances. The steps in balancing a checkbook and matching expences to a bank statement are practiced and written in detail. This instructional activity is intended for students...
Curated OER
Business: Making a Budget
Students plan a one-month budget, allowing for unexpected expenses. Using checkbook skills, they pay mock bills. Working in small groups, students watch a teacher-prepared Powerpoint presentation, visit financial Websites, and utilize...
Curated OER
Money, Commercial Banking, and Interest
Stdents explore the operation of the commercial banking system and the mechanics of money creation through the lending process. They investigate various interest rates to develop the relationship between interest rates and risk and...
Curated OER
Checkbook Math
Twelfth graders simulate balancing checkbooks by applying required mathematical operations. They examine newspaper ads from banks and compare various services they offer. They discuss the uses of credit and debit cards.
Curated OER
How Banks Create Money
High schoolers participate in a simulation game to discover the role of banks in creating checkbook money through lending practices. They play a lending and borrowing game and use a money multipiler equation to solve problems associated...
Curated OER
Check It Out
Students discuss the many processes involved with personal banking. They create their own budget based on their career choices. They also practice balancing a checkbook.
Curated OER
Accounting Monopoly
Students use Monopoly to review the accounting cycle. They create their own transactions while playing Monopoly. Students produce the financial statements that will match the transactions of the game.
Curated OER
Opening A Bank Account
High schoolers identify the different types of accounts offered by local banks. Students review and define appropriate banking terms when opening an account. Working in pairs, high schoolers role play the proper way to open an account....
Curated OER
Banking Account Options
Students explore and discuss the various account options available to them at the bank. They create a paragraph stating the pros and cons of each kind of banking account. This instructional activity is intended for students acquiring...
Curated OER
FINANCE AND RESPONSIBLE LENDING.
Students study the role of banks, lending and their services. In this analysis lesson plan, students learn about savings, checking accounts and lending and the importance of banks as financial intermediaries.
Council for Economic Education
You Can Bank On This! (Part 3)
Young scholars use a chart to show how gaining interest is a beneficial part of having a savings account. In this banking lesson plan, students also learn about the workings of an ATM and a checking account.
Curated OER
ABC's of Banking
Students explore the concept of managing money. In this managing money activity, students discuss how to write checks and keep an accurate check registry. Students discuss the importance and uses of debit cards and deposit forms.
Curated OER
Spending Money
Fourth graders become familiar with the ways people exchange goods and services. In this spending money lesson, 4th graders listen to a chapter from Henry and Beezus and record Henry's earnings and money spent. Students use correct...
Practical Money Skills
Saving and Investing
Learn the difference between saving money and investing money, as well as the advantages and disadvantages of each. Kids review banking and personal finance terms before studying the different ways that people can reach their financial...
Curated OER
Beyond the Checkbook: Choices of Payment Methods
Students explore different payment methods. In this math lesson plan, students discuss the difference between writing a check and paying online. They will compare and contrast and present their data to the class.
Curated OER
Checkbook
Develop life skills through the use of an AppleWorks Banking kit, a spreadsheet program, and a role play activity. This life skills instructional activity utilizes technology plus busines and social studies principles. Note: All...
Curated OER
Piggy Pockets
Second graders determine when estimates and exact totals are appropriate in dealing with money. They simulate keeping a checking account over a period of time and keep a checkbook ledger to record deposits and expenses.
Illustrative Mathematics
Paying the Rent
Learning how a bank account works is a useful tool. The exercise in the resource is to deduct rent from a checking account and create an equation from a description. Participants then graph the balance of the bank account versus months...
Visa
Saving and Investing
Impress upon your young adults the importance of saving and investing, and give them a foundational vocabulary from which they can continue to build their financial literacy. This lesson plan covers short- and long-term budget goals,...
Curated OER
Cash Control Systems
Students are introduced to cash control systems including checking accounts, endorsing and writing checks. In groups, they define a bank statement and practice how to read them. To end the lesson, they discover how to create a petty...
Curated OER
What Can I Afford?
Students explore the costs of various cell phone plans, and various types of banking accounts to determine which one would yield the highest returns if the money saved from the cell phones were placed in different accounts.