Banking should not be confusing. It should be INTERESTing! Most students in the elementary grades would love to know more about checking accounts, ATMs, credit cards and all the ways in which their relatives buy the stuff that they want. This lesson provides the students with information on banking; it also allows them to try out some procedures for thinking about money and banking.
This lesson will show students the importance of keeping track of their savings.
The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for use as money. They will examine the characteristics of money by comparing and contrasting examples of U.S. and world currencies. Imagining that their classroom is a country, students choose whom to honor and what images to depict as they create their own form of paper money.