About This Lesson
In this lesson, students will be able to:
(1) Explain what a checking account is used for and why it is important to have one
(2) Understand the variety of ways they can deposit and withdraw funds from their checking account
Describe the consequences of not being in the banking system
(3) Understand various options for payment (cash, check, debit, person-to-person, prepaid card) and determine when to use each type
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