Personal Finance F2016

Personal Finance – 10/20/16

I.  Bellwork: A.  You have $800 in your account. You write a check for $50 and another for $150. You make two deposits, one for $750.00 and another for  $80.  The bank informs you that the $80 check you deposited is being returned to you due to insufficient funds. They also charge you a $25 […]

Personal Finance – 10/19/2016

I.  Bellwork: Write $108.24 in words as it would appear on a check. Write $2,527.48 in words as it would appear on a check. Write $150.00 in words as it would appear on a check. II.   Objectives: Content OBJ: Analyze transactions and post subtractions and additions to a checking account maintaining a running balance. […]

Personal Finance -10/18/2016

I.   Bellwork:   Question & Answer What are three reasons a person may use a check register? II.   Objectives: Content OBJ: Describe banking services available at most financial institutions Explain fees charged by financial institutions Lang OBJ: explain when various bank services may be used. III.  Read & Discuss pages 199-203 IV.  Classwork: A.  Page […]

Personal Finance – 10/17/2016

I.   Bellwork: A.  Read: Check Fraud Article Explain in detail the how the check fraud occurred. II.   Objectives: Content OBJ: Analyze transactions and post subtractions and additions to a checking account and keep a running balance Lang OBJ: explain how to post checks and deposits to a checking account III.  Notebook work A.  Brace […]

Personal Finance – 10/14/16

I.  Bellwork Questions & Answers What is the first step in writing a check? What is the last step in writing a check? II. Objectives: Content OBJ: Given a check register, correctly complete checks Lang OBJ: Explain the process of writing out checks III.  Classwork: A.  Finish Yesterday’s Work:  iLearn (Writing Checks Manually) Checks 101-106 […]

Personal Finance – 10/13/16

I.   Bellwork: Explain why overdraft protection (ODP) is used. Explain the cost associated with a bounced check. II. Objectives: Content OBJ: Given a check register, correctly complete checks Lang OBJ: Explain the process of writing out checks III.  Classwork:  Writing a Check A.  https://hrblock.budgetchallenge.com/ Write Checks for bills on H&R Block Challenge B.  iLearn (Writing […]

Personal Finance – 10/12/16

I.  Bellwork Your bank balance is $500.00,  You write checks for 39.25,  128.52, and 49.75.  You make a deposit for $580.69.  What is your balance?   SHOW WORK II.  Objectives Compare the features and costs of personal checking accounts offered by different financial institutions. Examine the advantages and disadvantages of various payment methods including cash, checks, […]

Personal Finance – 10/11/16

I.  Bellwork Your bank balance is $1,257.25,  You write checks for 50.15, 128.75, and 749.65.  You make a deposit for $1,005.69.  What is your balance?   SHOW WORK II.  Objectives Compare the features and costs of personal checking accounts offered by different financial institutions. Analyze banking transactions and post them to a checking account to monitor […]

Personal Finance – 10/10/16

I.   Bellwork: You have $300 in your checking. Your paycheck is $500. You deposit it but hold out $50 in cash. What’s your balance? II.   Objectives: Content OBJ: post checks and deposits to a checking account and keep a running balance Lang OBJ: explain how to post checks and deposits to a checking acct III. […]

Personal Finance – 10/07/16

I.  Bellwork   Question & Answer What expenses do you believe are the most difficult to pay once you become independent?  Explain II.  Objective: Make criterion-based financial decisions by systematically considering alternatives and consequences through the simulation Write a brief reflection of the financial decisions they made explaining their rationale III.  Retake after school this Friday […]

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