Introduction to Savings Tools

EQ - What are the steps to responsibly manage a checking account?

1. Activator - Team Muddy Point Review
1. Refresher - Rules of Collaborative Work 
2. 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 5 basic banking services.
3. 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