BankingandCreditServices



Students must understand the importance of basic financial planning and goal setting at an early age. In this unit, students become familiar with the basics of setting up savings and checking accounts and learn about credit and the importance of a positive credit report. Students first evaluate a loan application and determine the type of information they need to complete the form. Using current interest and finance charge rates they calculate interest on a savings account. Using deposit slips and checks they learn how to keep a deposit register and how the check cycle operates. To complete the IIU, they use a software program to manage a checking account keeping in mind the importance of financial goals and budgeting.





**SOFTWARE students will use in this integrated instructional unit.**

**Envelope Budgets**

 * MICROSOFT Office - WORD**


