Download Banking in the Classroom - University of West Georgia

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 $100.00 using template found
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
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?
http://econ161.berkeley.edu/multimed
ia/circular.html
How do these three interact?
Courtesy of georgiastandards.org
Personal Finance


Feed the Pig! Great personal
finance site with lots of
interactive components:
http://www.feedthepig.org/.
Holiday Savings Calculator
http://www.kidsbank.com/calc
ulators/holiday/hol_calc.asp :
Courtesy of georgiastandards.org
rubric
This is the rubric to help the teacher grade the projects. The rubric will be
available to the students.