Savings Account Project

This is a Savings Account Project is a fantastic tool for imparting financial literacy to your students. This resource is specifically tailored for middle school and high school students, offering activities that shed light on the realm of savings accounts and the underlying concepts of consumer math.

Here's what you'll find:

Navigating Consumer Math: We all know how tricky consumer math can be, especially for students with limited exposure. This product takes a straightforward approach to demystify savings accounts, the revenue generation by banks, and the calculation of interest.

Building Responsible Consumers: By grasping the fundamentals of the banking system, students are equipped to make informed financial decisions and become more responsible consumers.

Customizable Learning: Flexibility is key, and this Savings Account Project is designed with adaptability in mind. You can tweak it to align with your objectives and grade levels. If your aim is to focus on the basics of savings accounts, consider incorporating calculators or spreadsheets with formulas. For those delving into calculations, percentages, and tables, encourage them to construct their own tables. And if the core concept of interest is your focus, you can skip the compound interest section.

Online Engagement: A portion of the product involves students watching an online video,

offering a dynamic and interactive learning experience.

Seamless Learning: Whether you prefer to complete activities at home or in the classroom, this resource caters to your preference. It's a versatile introduction to the world of banks and savings accounts for any student.

So, if you're looking for a powerful way to lay the groundwork for financial literacy and empower your students to be better consumers, the Savings Account Project is an invaluable addition to your teaching toolkit. Let's equip our students with the skills they need to navigate the financial landscape confidently.

Product includes:

*Glossary of terms related to savings accounts

*Activity with Schoolhouse Rock "Dollars and Sense"

*Activity to interview someone with a bank account

*Activities with simple and compound interest

*Word problems with simple and compound interest

*Comparing different types of savings accounts and interest rates

*Understanding a bank statement

*Understanding a deposit slip

*Understanding a withdraw slip

*Easel Activity with self checking vocabulary activity