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Unit Plan

What Is A Bank?

Curated and Reviewed by Lesson Planet
This What Is A Bank? unit plan also includes:

You're never too young to learn about banking and personal finance. Use a set of seven banking lessons to teach middle schoolers about checking and savings accounts, interest rates, loans and credit cards, and safety deposit boxes.

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Concepts
banking, saving money, economics, checking account, savings accounts, loans, financial literacy, personal finance, interest rates, credit cards, goods and services, consumer finance
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Additional Tags
college and career readiness
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Instructional Ideas
  • Bring into a middle school social studies class when discussing practical money skills, or in a high school economics class
  • Use in an extracurricular group that focuses on financial literacy and banking skills
Classroom Considerations
  • Lesson was published in 2008; you may want to update any sections with current interest rates or financial policies
Pros
  • Each lesson comes with a homework assignment, a glossary of important terms, a rubric for assessing the worksheet, and links to additional materials and resources
  • Explains complex financial concepts in a straightforward and understandable way
Cons
  • None