Checking Account Lesson Plan

Instructor: Sharon Linde

Sharon has a Masters of Science in Mathematics

Teach your students important money management skills with this lesson plan. Students will first learn what a checking account is, how to balance it, and what may happen if they don't keep careful records with two text lessons. Students will then use their new-found information to balance their own checkbooks.

Learning Objectives

After this lesson, students will be able to:

  • explain checking accounts
  • balance a checkbook
  • describe why it is necessary to balance a checkbook

Length:

60-80 minutes

Materials

Key Vocabulary

  • Checking account
  • Overdraft

Curriculum Standards

  • CCSS.ELA-Literacy.RST.9-10.1

Cite specific textual evidence to support analysis of science and technical texts, attending to the precise details of explanations or descriptions.

  • CCSS.ELA-Literacy.RST.9-10.2

Determine the central ideas or conclusions of a text; trace the text's explanation or depiction of a complex process, phenomenon, or concept; provide an accurate summary of the text.

  • CCSS.ELA-Literacy.RST.9-10.3

Follow precisely a complex multistep procedure when carrying out experiments, taking measurements, or performing technical tasks, attending to special cases or exceptions defined in the text.

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