1. Using A Check Book 3 rd Grade Math Jeanette Conner

2. What is a checking account? Why do you need one? What is a deposit? What is a withdrawal? What is a balance? How do you know your balance? What We Need To Know

3. What is a checking account?  An account used to deposit money at a bank or credit union.  Money can be added or removed from the account by visiting the bank or writing a check.  Banks may require a minimum to open or maintain the account.

4. Why do you need one?  Checking accounts are used to pay bills, buy groceries, and to buy other items.  A safer way of keeping money and not carrying cash.  Some vendors do not except cash.  It can be use for proof of purchase.

5. What is a deposit? 1. Put something somewhere: to put or drop leave something in safe place: to leave something somewhere for safekeeping 2. Put money in bank: to pay money into an account in a bank or other financial institution 3. A deposit is how money is put into a checking account.

6. What is a withdrawal? Taking money from bank: the act of taking money from a bank account, or the amount of money taken out.

7. What is a balance? The amount of money in an account – which is how much money you have left to spend. To get the balance in a checking account – start with how much money is in the account and subtract the checks and withdrawals you have made. (Banks usually charge a small amount for the use of a checking account each month.)

8. 1.Fill in the date. 2.Name of business or person receiving check. 3.Amount written in numeric form after $ sign. 4.Amount of check written in word form on next line. 5.For ____________ (why you are writing the check) 6.Your Name (first and last) ((Always make sure you have money in your account before writing a check.)) 1.  3.  4.  5.  6.  Writing a check 2. 

10. Using your check register AFTER Writing A Check: 1.Check number 2.Date 3.Who the check is to 4.Amount 5.Subtract amount of check from balance 6.Enter your new balance

11. Using your check register (con’t) Adding A Deposit: 1. Date 2. Where money came from 3. Amount of deposit 4. Add amount of deposit to balance 5. Enter your new balance

13. More Things To Think About:  Over Drawn Accounts  Savings Account  What to save for  Interest  Over Spending/Piling Up Debt  Borrowing