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December 21st, 2016
Financial Math
11-12
Many adults think that reconciling your checking account is a thing of the past, but it is a valuable skill. Yes, students use online banking tools to see what the current balance of their account is, but they don't understand how to account for "outstanding deposits and withdrawals." This is a valuable lesson that helps them understand how to correctly determine how much money they actually have in their account at a given time.
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December 12th, 2016
Personal Finance
9
I used this hand-in-hand with the Take Charge "Checking Account and Debit Card Simulation." They work well together, especially if you are using true formative assessments vs. summative assessment. I used the NEFE material as formative, with the Take Charge Simulation as an authentic summative assessment. My administrators loved it!
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