Unit 2: Banking & Personal Credit
Duration of Days: 34
The difference between Debit and Credit, how to read a bank statement, and the "cost" of interest.
Reconcile a mock bank account, compare "rewards" vs. "interest rates" on credit cards, and practice using an ATM interface.
The Banking Simulation: Students are given a starting balance and a week’s worth of "life events" (bills, groceries, a lost $20 bill) and must maintain a balanced digital ledger without going into overdraft.
| Lesson # | Lesson Title | Duration of Days |
|---|---|---|
| 1 | Debit vs Credit | 7 |
| 2 | Reading a Bank Statement & The Ledger | 7 |
| 3 | The Cost of Credit | 6 |
| 4 | The ATM & Point of Sale Interface | 7 |
| 5 | Identity Theft & Fraud | 7 |