In this lesson, students will learn about understanding their credit card statements, using a comprehensive guide covering various aspects, including billing cycles and interest charges. They will learn to efficiently manage their finances, ensuring punctual payments, and maintaining a favorable credit score. CONCEPTS Use this video lesson on the topic of credit card statements. Learn … Continue reading How to Read a Credit Card Statement Lesson
Banking Lessons
Welcome to our page on banking! We believe that understanding banking is essential to building a strong foundation in financial literacy. Our resources are designed to provide a comprehensive understanding of banking, including its history, functions, and services. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to make informed decisions about their financial future. From opening a bank account to understanding loans and credit, our materials will help students navigate the world of banking with confidence.
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Understanding Different Types of Bank Accounts Lesson
In this lesson students will learn learn how to choose a bank account. A beginner’s guide to the different types of bank accounts, including checking accounts, savings accounts, money market accounts, and CDs. Including their unique features, advantages, and limitations to help them make an informed decision about which account is best for their financial … Continue reading Understanding Different Types of Bank Accounts Lesson
How to Use an ATM Lesson
In this lesson students will learn how to use and withdraw money from an ATM. CONCEPTS Use this video lesson on the topic of how to use an ATM. Learn related concepts of: Banking Checking accounts Debit Card Deposit/Withdrawal Overdraft fee GRADE LEVEL 9-12th grades. High School. Adult Education. TIME REQUIRED 45-60 minutes. It may … Continue reading How to Use an ATM Lesson
What is the Federal Reserve Lesson
What is the Fed and what does it do? In this lesson, students learn the role of the Fed, or Federal Reserve, which is the central bank of the United States, in managing the economy and preventing financial crises through monetary policy. It covers the various ways the Federal Reserve regulates financial institutions, influences interest … Continue reading What is the Federal Reserve Lesson
Understanding the Debt Ceiling (Debt Limit) and the National Debt of the United States
The lesson explains the concept of the debt ceiling, or debt limit, and the national debt, their implications on the US government’s financial operations and the potential consequences of hitting the debt ceiling. It also discusses extraordinary measures and possible solutions to address the national debt, including raising the debt ceiling, cutting spending, increasing revenue … Continue reading Understanding the Debt Ceiling (Debt Limit) and the National Debt of the United States
What is a Bank Statement? How to Read.
The lesson is about understanding and interpreting bank statements, which are documents that show financial transactions made to an account over a specified period of time. CONCEPTS Use this video lesson on the topic of bank statements, including the various components of a bank statement, such as the bank information, statement period, account number, type … Continue reading What is a Bank Statement? How to Read.
What is Yield? How to Calculate
Learn the basics of investment yield, definition of yield, and how to calculate the percentage yield formula for bonds and stock dividends. CONCEPTS Use this video lesson on the topic to discuss the financial terminology and basic economic and related concepts of Yield Investment Return Bonds Stocks PROCEDURE Hand out the worksheet below (see the … Continue reading What is Yield? How to Calculate
What is Simple Interest? How to Calculate
Learn the basics of simple interest, and how it is calculated using the simple interest formula. CONCEPTS Use this video lesson on the topic to discuss the financial terminology and basic economic and related concepts of Interest Saving Money Principal PROCEDURE Hand out the worksheet below (see the GET LESSON button near the bottom of … Continue reading What is Simple Interest? How to Calculate
What is Interest? Introduction to Interest Rates.
Learn the basics of interest, how you earn interest, and compound interest. An introduction to interest rates. CONCEPTS Use this video lesson on the topic to discuss the terminology and basic economic and related concepts of Interest Interest Rates Saving Bank Loans PROCEDURE Hand out the worksheet below (see the GET LESSON button near the … Continue reading What is Interest? Introduction to Interest Rates.
What is a Mortgage?
Learn the basics of a mortgage loan for buying a home, types of mortgage lenders, and types of mortgages. An introduction to mortgages. CONCEPTS Use this video lesson on the topic to discuss the terminology and basic economic and related concepts of Mortgages Purchasing a Home Home Loans Interest Rates Budgeting and Monthly Expenses PROCEDURE … Continue reading What is a Mortgage?
