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Financial Literacy: Checking and Savings Accounts

$1.95

This comprehensive lesson plan will give your students a basic understanding of checking and savings accounts. They will learn how to write checks, and how to save for various-term purchases. In addition, they’ll learn about the role financial institutions play in managing personal finances, and the difference between debit and credit cards. By the end of this lesson plan, your students will have a firm grasp on these important concepts.

Description

What our Financial Literacy: Checking and Savings Accounts lesson plan includes

Lesson Objectives and Overview: Financial Literacy: Checking and Savings Accounts teaches students important information about money management by exploring the differences and similarities between checking and savings accounts. Students will learn how to open an account, parts of a check, how to write a check, the difference between a debit and credit card, and how to save money for a specific goal. This lesson is for students in

Classroom Procedure

Every lesson plan provides you with a classroom procedure page that outlines a step-by-step guide to follow. You do not have to follow the guide exactly. The guide helps you organize the lesson and details when to hand out worksheets. It also lists information in the orange box that you might find useful. You will find the lesson objectives, state standards, and number of class sessions the lesson should take to complete in this area. In addition, it describes the supplies you will need as well as what and how you need to prepare beforehand. (additional sentences about equipment required)

Options for Lesson

Included with this lesson is an “Options for Lesson” section that lists a number of suggestions for activities to add to the lesson or substitutions for the ones already in the lesson. For this lesson,

Teacher Notes

The teacher notes page includes a paragraph with additional guidelines and things to think about as you begin to plan your lesson. This page also includes lines that you can use to add your own notes as you’re preparing for this lesson.

[] LESSON PLAN CONTENT PAGES

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The [title] lesson plan includes…

[] LESSON PLAN WORKSHEETS

The [title] lesson plan includes three worksheets: an activity worksheet, a practice worksheet, and a homework assignment. You can refer to the guide on the classroom procedure page to determine when to hand out each worksheet.

[] ACTIVITY WORKSHEET

[] PRACTICE WORKSHEET

[] HOMEWORK ASSIGNMENT

Worksheet Answer Keys

This lesson plan includes answer keys for the activity worksheet, the practice worksheet, and the homework assignment. (adjust as needed)

If you choose to administer the lesson pages to your students via PDF, you will need to save a new file that omits these pages. Otherwise, you can simply print out the applicable pages and keep these as reference for yourself when grading assignments.

Additional information

grade-level

5th Grade, 6th Grade

subject

Math

State Educational Standards

LB.MATH.CONTENT.5.NBT.B.7, NCSS.D2.ECO.9.3-5, & NCSS.D2.ECO.10.3-5

Lessons are aligned to meet the education objectives and goals of
most states. For more information on your state objectives, contact
your local Board of Education or Department of Education in your state.

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