Objectives:
At the conclusion of this unit, students will:
a. Manage/Balance a check book and checking related activities;
b. Discuss the steps of using an ATM
c. Detail the benefits and limitations of debit cards, direct deposit, & automatic bill pay
d. Create a Venn diagram indicating the similarities and differences between banks and credit unions
e. Understand methods of avoiding various banking related fees such as Overdraft, Low Balance, Transfer fees, etc.
Standards:
National Business Education Standards:
VI. Banking and Financial Institutions
Achievement Standard: Evaluate services provided by financial deposit institutions to transfer funds.
VIII. Protecting Against Risk
Achievement Standard: Analyze choices available to consumers for protection against risk and financial loss.
ISTE Standards:
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Collect and analyze data to identify solutions and/or make informed decisions.
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Evaluate and select information sources and digital tools based on the appropriateness to specific tasks.
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