Monday, November 4, 2013

Managing Checking Accounts

EQ - What are the steps to responsibly manage a checking account?
  1. Activator - Team Muddy Point Review
    1. Count off 1 - 9 & repeat until everyone has a number
    2. Refresher - Rules of Collaborative Work 
    3. Introducing Running Muddy Points - Click Here
    4. Complete the following
      1. What is a depository institution?
      2. What are the differences between the 2 types of depository institutions?
      3. How do these institutions work?
      4. Describe the relationship between liquidity and interest.
      5. List and describe 4 basic savings tools.
    5. Debriefing
  2. Introduction to Checking Accounts
  3. Making a Deposit
    1. Elements
    2. Guided Practice
    3. Try It
  4. Importance of Accurate Record Keeping
  5. Writing Checks
    1. Elements
    2. Guided Practice
    3. Try It
  6. Simulation Assessment - Part 1 of the simulation
    1. Introduction
    2. Individual practice
    3. Muddy Points
  7. Bank Reconciliation
    1. Introduction
    2. Guided Practice
    3. Try It
  8. TPS - Formulate a step-by-step process 
  9. Simulation Assessment - Part 2 of the simulation
  10. Muddy Point Review

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