Week 1

Week 2

Week 3

Week 4

Week 5

Week 6

Week 7

Week 8

Week 9

Week 10

Week 11

Week 12

Week 13

Week 14

Week 15

Week 16

Week 17

Week 18

Final Exam

OBJECTIVES

Welcome to Week 6. We will be talking about:
Who saves in America and just how little we save.
The difference between short- and long-term savings goals.
The importance of saving money to handle emergencies when they arise.
Why people save money (rather than borrow it) to buy expensive items.
The ways in which people save, including regular voluntary saving,
consumption saving, and forced saving.
Perform Simple Interest Calculations, Along with
Definitions of Principal, Rate and Time

MONDAY

Teacher Demonstration
EASY EDDIE: Checking Account Spreadsheet
Review

Cash Flow Activity
in CLASSROOM

Difference Between Checking
and Savings Accounts

Difference Between a
DEBIT CARD and a CREDIT CARD.

FYI - Read these
https://www.thebalance.com/debit-or-credit-315293

https://www.creditcards.com/credit-card-news/
nine-best-practices-debit-card-use-1271.php


TUESDAY
 Cash Flow Activity 2020
in CLASSROOM
Day 2

Turn in Cash Flow Activity under
DAY TWO assignment.

WEDNESDAY

Checking Group Project
We will be splitting into groups or 3 - 4 students. 

Use Google Slides to Split up the Work Between Members.

Each member should be ready to talk about his or her slide on FRIDAY.

Based on your group number, please create a 3 or 4 slide Presentation (use Google Slides) on one of the following topics.  Include at least 3 pictures. When done, turn in to CLASSROOM - Make sure all group members' names are on it. 
SUMMARIZE AND PUT INTO YOUR OWN WORDS!

Group 1)

Key Checking Terms (Vocabulary Review)

- Balance
- Reconcile
- Register
- Overdraft / Bouncing a Check

What are the fees and minimum balances and terms for
CHASE Bank Checking account(s)?

 
Group 2)

Different Ways to Keep track of your checking account balance?
Why do you want to keep track of your checking account balance?

What are the fees and minimum balances and terms for
Painesville Credit Union Checking account(s)?

 
Group 3) What are some ways to Avoid FEEs when it comes to Checking Accounts?

What are the fees and minimum balances and terms for
Cardinal Credit Union Checking account(s)?

 
Group 4)

What is debit card fraud? What do I need to know to prevent debit card fraud?

What are the fees and minimum balances and terms for
KeyBank Checking account(s)?

.
Group 5)

What kinds of costs are associated with debit cards?


What are the fees and minimum balances and terms for
Dollar Bank Checking account(s)?
 
Group 6)

What are Check Cashing Stores?

What are Payday Loans?

Where is the best place to cash a check?

What fees are charged by Check Cashing Stores?

What are the fees and minimum balances and terms for
PNC Bank Checking account(s)?

 
Group 7)

What is a ROUTING Number?  What is an account number?

Where can you find these numbers?

What are the fees and minimum balances and terms for
Northwest Bank Checking account(s)?

 
Group 8)

What is the difference between a checking account and a savings account?

What are the fees and minimum balances and terms for
Huntington Bank Checking account(s)?

 
Group 9)

What is mobile banking and what should you know about it?

What are the fees and minimum balances and terms for
NYCB Bank Checking account(s)?

 
Group 10)

What are the major differences between a bank and a credit union?

How much does it cost to cash a check at CheckSmart in Painesville?

 

THURSDAY/FRIDAY

Pick Two of the Three Celebrities
Create a Checking Account Balance Spreadsheet for them!

BAKER MAYFIELD Beyonce Lionel Messi
Feb 15... Starting balance in Baker's Checking account is $18,567.89
Feb 16...Baker buys some fashionable Browns Gear using his Debit Card.  He spent 345.99 at Dick’s Sporting Goods.
Feb 18...Baker pays his rent for his condo in Cleveland for  $1,950.  He uses Check #2120.
Feb 21...Baker gets paid $455 for some autographs.
Feb 22.... Baker pays his car payment.   Check #2121 for $850.
Feb 23....Baker pays his Cable Bill of $120.  He uses Check #2122.
Feb 28...Baker pays his Business Manager $15,000 from his checking using Check #2123.
March 3... Baker withdrawals $400 in cash from an ATM (there is also a $2.50 fee)
March 5... Baker buys some winter clothes for $48.50.  He uses his debit card for the purchase.
March 7...Baker Gets Paid a Bonus from the NFL of $36,927.10
March 11... Baker pays for a new heating system to be placed in his house in Cleveland.  The price is $4,300.  He uses check #2124.
March 15... Baker gets paid $400 for signing some more autographs.
March 17 ...		 Feb 15... Starting balance in BEYONCE's Checking account is $1,218,005.56
Feb 16...BEYONCE buys some dresses  for $400,000.00 using her Debit Card.
Feb 17...BEYONCE buys a house for $600,000 using cash that she took out of the back (Withdrawal from checking)
Feb 18.... BEYONCE pays her hair stylist $43,200 for a new hairdo.  She uses check #5150.
Feb 18....BEYONCE gets paid $30,008.58 for royalties from sales of her new album from iTunes.
Feb 28...BEYONCE pays $25,908 in Taxes using Check #5151.
March 1... BEYONCE withdrawals $8,000 in cash from an ATM in Hollywood.
March 8... BEYONCE gets a hair cut at Great Clips for $15.00
March 11... BEYONCE pays $35.00 for dance lessons using Check #5152.
March 15... BEYONCE gets paid $25,000 for an appearance on MTV.		 Feb 15... Starting balance in LIONEL’s Checking account is $100,560.65
Feb 16...LIONEL buys some soccer cleats.  The cost is $145.32 and it is check #312.
Feb 17 LIONEL gets paid $35,000 for a soccer match. 
Feb 25 LIONEL buys a used Ferrari for $80,000.  He uses check #313.
Feb 27....  LIONEL pays his security guard $2,000 using check #314.
Feb 28....LIONEL pays the dog groomer $300 for a new haircut for his dog using his debit card.
March 12...LIONEL pays his electric bill of $450 using check #315.
 

Need Help? Check out the video below for an example.
(some of the people have changed,
but the process is the same.)

 

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