Introduction
Lily took Marina's advice and opened a checking account at the commercial bank on the main highway. She chose this bank because not only did it have all the cool Electronic Banking Services, but it seemed there was a branch everywhere, so she would have no trouble finding an ATM when she needed cash.
Today, Lily is excited and confused. She just received her first order of checks and deposit slips. She feels so grown up! But, she has a problem... Lily's mom told her to pay for her Yearbook at school tomorrow with one of her checks. Her mom will put the money in her account, but she has no idea how to write a check.
Lily is embarrassed and doesn't want to ask her mom how to write a check, but it doesn't really matter after all, does it? Surely, the bank will figure out what she means even if she gets something wrong. Right?
Following successful completion of this lesson, students will be able to...
- Balance a checkbook
- Write checks correctly
- Fill out a deposit slip
Enduring Understandings
- Banking and checking accounts are required to manage an individual's daily financial needs.
- Choosing a bank involves understanding the various services and fees involved in that decision.
- Proper management of money is essential to personal financial stability and success.
The above objectives correspond with the Alabama Course of Study: Career Preparedness standards: 19.