1. CONSUMER FINANCES FCS-CA-8. Students will investigate various financial aspects of consumer life.

Slides:

Advertisements

Similar presentations

Financial Institution Comparison Project

Advertisements

What is Consumer Credit?

KaChing!, Lesson 3: Cash the Check and Track the Dough

Chapter 23.1 Use your Money Wisely

Section 5.1: Selecting Financial Services and Institutions

Earning Money  What is income and what are 3 possible sources?  Income is money that you have available to you to spend  3 sources: babysitting,

Display slides 2 and 3 with Procedure step 2 in the lesson.

1.7.2.G2 Electronic Banking Trivia G2 © Family Economics & Financial Education – Revised February 2008 – Financial Institutions Unit – Electronic.

Chapter 6 E-commerce Payment Systems. Traditional Payment Systems Cash Checking Transfers Credit Card Accounts Stored Value Accounts Accumulating Balance.

Unit 5 Microeconomics: Money and Finance Chapters 10.3 Economics Mr. Biggs.

 How to Manage Your Cash › Daily Cash Needs  Lunch, movies, gas, or paying for other activities  Carry cash  Go to an ATM  Credit Card  Know pros.

 In order to stay competitive in today’s marketplace, banks and other financial institutions have expanded the range of services that they offer.  Four.

Personal Finance.  Four common Financial Institutions  Commercial banks  Savings and loan associations (S&Ls)  Credit Unions  Brokerage Firms.

© Thomson/South-WesternSlideCHAPTER 231 BANKING AND CREDIT 23.1Financial Institutions 23.2Checking Accounts 23.3Credit and Its Use Chapter 23.

Managing a Bank Account Tracking Your Money Test Review.

Banking products and operations. withdrawal A withdrawal in a bank / withdraw money = to take money out of a bank account.

ON LINE BANKING ON LINE BANKING b You have the option of doing virtually all of your banking without leaving home 24 hours a day. b OB transforms your.

Chapter 4 Money Management Managing Checking and Savings Accounts –Checking and savings accounts are the foundation of financial asset management –Cash.

Financial Services & Electronic Banking Ch PoB 2011.

Warm up Exercise The Perfect Check Today’s Date Tony’s Exxon for car repairs 1, dollars Who cares if you write out a check perfectly, no errors,

Comparison Shopping. Shopping Shopping is what you do when you spend income (money you have earned). You can do this in a variety of ways: a. In Store.

Financial Literacy Vocabulary Terms How is money used in society? How do I pay for goods and services? How do I keep track of my saving and spending? 1.

DEBIT CARD, CREDIT CARD & SMART CARD

Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services Banking Services and Fees 9.

CONSUMER ECONOMICS I Got Paid!!!! Now What….?. Intro It’s Friday, you just got your first paycheck, and you’re feeling fye. Before you run out to buy.

Key to the Future Chapter 1, Lesson 2 Warm-Up Questions CPS Questions Note for teacher: Use “Pick a Student” button in CPS.

Do Now 1)What is a checking account? 2) What is the difference between a checking account and a saving account?

Intro to Banking and Credit Two basic types of accounts 1.Savings – savings accounts pay interest on the money in the account. This is because the bank.

1.7.2.G1 © Family Economics & Financial Education – Revised May 2009 – Financial Institutions Unit – Electronic Banking Funded by a grant from Take Charge.

WHO WILL LOOK AFTER MY MONEY? Banking PowerPoint Money Works: Level 1 Topic 1.

Chapter 10 Section 3.  Service 1: Customer Can Store Money  Banks store currency safely  Insured against failure  Safety deposit boxes  Service 2:

WOW 5.  Checking account: A banking service wherein money is deposited into an account and checks are written to withdraw money as needed Example: Used.

DO NOW:  Take packet:  Review the bank statement on page 3 of the packet.  In your notebook: What items does a bank statement include?

Chapter 3, Section 3 ELECTRONIC BANKING.

Part 2: Accounts Dollars & Sense. Accounts Offered by Banks & Credit Unions Savings Certificates of Deposits (CD’s) Money Market Checking.

Table of Contents Session 1 — Getting Started What Kind of Spender Are You? Wants vs. Needs — Creating Good Spending Habits Avoiding Budget Killers Session.

2 You Will Know Major types of insured financial institutions Basic banking terms Differences between banks and check-cashing services Bank employees.

Banking Vocabulary.

 Direct deposit  Automated teller machine (ATM)  Debit card  Point of sale transaction  Commercial bank  Savings and loan association (S&L)  Credit.

7.02 Evaluate ways that commercial banks can assist consumers with money management. Principles of Business 2006.

What does this mean to you?. FCS 7 TH GRADE Money Management.

© Oklahoma State Department of Education, All rights reserved. 1 Standard 3. Finding Financial Services.

* Do you have a checking account or credit card that you pay for? Do you know how to manage a checking account or credit card? * Please put your responses.

Financial Service Providers SELECT YOUR OWN FINANCIAL SERVICE PROVIDER 1 ©2014 National Endowment for Financial Education | Lesson 5-4: Financial Service.

Banking: Managing your money Chapter 4 Part 2. Saving Accounts May save money for a specific purpose or just build to reserve for a rainy day, you may.

Financial Literacy Buying a Car.... Finance Options: Savings – Put a regular amount into a Bank Account each month. Expect to receive around 2.75% interest.

© 2003 SOUTH-WESTERN PUBLISHINGCHAPTER 23Slide 1 CHAPTER 23 BANKING AND CREDIT 23.1Financial Institutions 23.2Checking Accounts 23.3Credit and Its Use.

Today’s Schedule – 11/28 PPT: Money Supply & Banking Rdg: Pitfalls of Credit Card Debt Bonus Quiz: Money HW: Read 17.2/17.3 Start Studying for Unit 5 Test.

September 28, 2011 Objective: Students will identify the purpose of a checking account.

Savings Accounts.  Unexpected expenses  Opportunities  Major Purchases  Flexibility  Achieve Long Term Goals.

Personal Finance April 17, Money Management  Everyone must make choices about what to do with their income, including you  Income is money earned.

Objectives  Explain the various electronic banking methods.  Identify characteristics of checking accounts.  Compare checking accounts at various financial.

Copyright © Cengage Learning. All rights reserved Traditional Services Provided by Financial Institutions Checking accounts –Check—a written order for.

Business and Marketing Accounting and Finance Unit VOCABULARY.

More bankingChecks, etc. Check types ServicesMisc. Banking Banking Services Game.

Where Should I Put My Money? Choosing a Financial Institution.

Checking account – An account held at a bank, credit union, or other financial institution in which account owners deposit funds. Account owners have the.

JA Our City 3rd Grade Volunteer’s Name Volunteer’s Title Volunteer’s Company.

Fri. 4/15. Ch. 10 Money and Banking 10.3 Notes “Banking Today”

Checking account - an account held at a bank, credit union or other financial institution in which account owners deposit funds. Account owners have the.

Do Now Why do people have checking accounts?. Unit 4: Lesson 13: Checking Accounts Day 1 Objective: identify vocabulary terms related to checking accounts.

Electronic Banking 7.3. EFT  Electronic Funds Transfer Banks ability to move money from one account to another by computer  Advantages to Banks (Cost.

Financial Responsibility and Money Management: Personal Budgeting Big Ideas Responsible personal finance decisions are based upon reliable information.

PRE- TEST #1 What is the function of the Federal Reserve System?

1 Getting a strong start Money Management A project of Consumer Action | Funded by Consumer Action’s Money Management Project.

Understanding Plastic Cards

Consumer Education Chapter 7

LESSON TWO: PERSONAL SPENDING

Financial Institution Comparison Project

Presentation transcript:

1. CONSUMER FINANCES FCS-CA-8. Students will investigate various financial aspects of consumer life.

 ving101/ht/Financial_Goals.html ving101/ht/Financial_Goals.html Setting financial goals cial_goals_worksheet.pdf Setting goals worksheet

Wants and needs

/hrpaycheck.html Reading your paycheck

Personal Finance

 Credit unions-GE credit union  Banks-Wachovia/Regions  Direct Deposit-money goes directly into the accout (electronically)  Online banking- you do not have to go to the bank to conduct business but you can do it all on your personal computer.

SAVINGSCHECKING  An account that allows a person to save money with a small rate of interest.  This account is typically used for “rainy” day money like cars that break down; tires that need to be replaced; or for a much needed vacation.  An account that allows the account holder to “withdraw money” by writing checks or using a debit card to make purchases or pay bills.