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Lesson Guide: How Checking Works

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In this lesson, students will be able to: -Explain what a checking account is used for -Understand the variety of ways they can deposit and withdraw funds from their checking account -Describe the consequences of not being in the banking system -Read a bank statement -Understand what the various components of a bank statement mean to interpret where their money goes

Material Type: Lesson

Author: Next Gen Personal Finance

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Financial Decisions - Wants vs. Needs

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Students will learn how their values influence financial decisions. Students will understand the difference between a want and need, and they must take care of their needs first when it comes to making financial decisions. They will also learn how opportunity costs and trade-offs can help them with their financial decision making.

Material Type: Activity/Lab, Lesson, Lesson Plan

Author: Angie Palmer

Bitcoin: Money or Financial Investment?

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While many people have heard of Bitcoin, far fewer understand it. In short, Bitcoin is a digital currency that allows transactions independent of the banking system. Lately, many people are buying Bitcoin purely as a financial investment, hoping it will appreciate. So which is it—currency or financial asset? Read more about it in the March 2018 issue of Page One Economics.

Material Type: Lesson, Reading

Author: Scott A. Wolla

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