Deposit
When you record a deposit in your register, are you adding money or subtracting it?
Adding!
True or false:
Sarah gives you a receipt when you withdraw money from your account.
False. You get receipts for deposits only at the TOP bank.
You want to buy a hot chocolate at Starbucks. When the cashier rings you up, your total is $5.95. What is the next dollar up? Come count it out.
$6
Who is in charge of the TOP bank?
Sarah
You have budgeted $10 for your outing to Target. You see a t-shirt you love and want to buy. It costs $12. Can you buy it on your outing today? Why or why not?
No. It is too expensive.
Give an example of a deposit someone would make into their bank account.
Their paycheck
Money received as a gift
Redepositing money after an outing
When you are recording a withdrawal, are you adding or subtracting money?
Subtracting
You go to Taco Time and order a bean burrito and a coke. Your total comes to $9.80. What is the next dollar? Come up and count it out.
$10
When and where is the TOP bank open?
2:30-3:30 in the MPR
If you do not have enough money to buy something you want, what are two strategies you can try to help stay calm?
Find something else in budget
Take a picture of the item
Use positive self-talk--remind myself I can get it later.
Deep breaths. Take a walk. Talk about my frustration.
Which math sign represents deposit?
+ or -
+
Which math sign represents a withdrawal?
+ or -
-
You go to Spring Kitchen and order egg rolls and rice. Your total comes to $10.35. What is the next dollar?
$11
When you need to withdraw money from your account, what do you need to bring?
Your ID
Your completed bank slip (done in pen)
You are planning your calendar and you want to go bowling. It costs $6. You have already planned for the rest of your $40 budget. What can you do?
Change one of your other outings to a free outing
Decide to just watch bowling
Decide to bowl another month
What does the word "deposit" mean?
It means you are putting money in your account.
If you have $10 in your account, can you withdraw $15? Why or why not?
No, because you do not have enough money. $15 is more than $10.
You want to buy some gum at Saar's. It costs $3.75. What is the next dollar?
$4.
When you need to deposit money to your account, what do you need to bring?
Your ID
Your completed bank slip (done in pen)
Your cash
You pay for your drink at Starbucks and the cashier gives you change. Where is the best place to put it?
1. Your pocket
2. Your wallet
3. Your shopping bag
Your wallet. Money is the safest there.
Why do we record deposits in our register?
So we can have an accurate bank balance.
What does the word "withdraw" mean?
Withdraw means take money out of your account.
You go to the Dollar Tree and get a bag of chips, some deodorant, and some ear buds. Your total is $8.90. What is the next dollar?
$9
Why do you get a receipt from the TOP bank? What should you do with it?
Your receipt is proof that you deposited money. You should take it home to your parents/guardians so they can see that they money made it here.
You forgot to bring in your budget money and your account is empty. You are supposed to shop at Target today.
Window shop and make a reminder to yourself to bring in your budget money the next week.