Middle School Course
5.4 Open a Savings Account
APPROXIMATE TIME: 60 MINUTES
TEACHER FACING SLIDES
ASSESSMENTS & GRADING
Please do NOT include any NGPF assessments or answer keys in your Nearpod lessons.
Each NGPF lesson ends with an Exit Ticket which NGPF recommends for grading.
IMPORTANT
GRADING TIP
CUSTOMIZE IT!
Please review the Nearpod slides and customize the content and activities based on your teaching environment using Google Slides and/or Nearpod.
Delete teacher facing slides before facilitating lesson to your students!
FACILITATION
Make sure you have the lesson guide available when you are facilitating (for time management, organization of lesson) and the answer key available when you are grading.
If a resource or activity in a lesson was not transferable to Nearpod there will be a teacher facing slide making you aware.
Open a Savings Account
JUMP$TART STANDARDS
Spending
Saving
LESSON SKILLS
ELA SKILLS
INTRO
FILL IN THE BLANK
Because you’re under 18, you’ll need an adult’s help to open a savings account. On the next slide, use the template to plan a conversation with your parent or guardian.
LEARN IT
VIDEO: FinCap Friday: The Money
Step 1: Talk to Your Parent/Guardian
You probably wouldn’t communicate with your parent/guardian via email or letter, but it’s nice to have a script you can follow. And even with a plan, talking about money can be challenging for some people. On the next slide, watch the video to learn why having money conversations can be a really good idea!
ARTICLE: Features of a Teen Savings Account
Step 2: Know What to Look For
Once you’ve spoken to a parent/guardian to help you open a savings account, you should know what qualities to look for in a good youth account.
INFOGRAPHIC: What You Need to Open a Bank Account
Step 3: Gather Your Supplies
When you open a savings account, you and your joint account holder will need four items. On the next slide, put a checkmark next to the items you know you/your parent/guardian already have and circle any items you would need to work on obtaining.
DO IT
FINE PRINT: Savings Account Statement
Step 4: Review Your Account Regularly
Once you’ve opened your account, you should save regularly and monitor your account closely to look for errors. Every month you’ll receive a statement that outlines the status of your account. So, now it’s time to practice your statement-reading skills! Use the document on the next slide to answer the questions that follow.
EXIT TICKET