Part of Lesson Plan: Keeping Track of Your Money

Activity Overview / Details

Verify that the students understand the process by asking them the following questions on a PowerPoint, showing the answers on the next slide (see attached):
 

1. What are the steps to keep track of the purchases in the checkbook register?
   
   1) Write description
   2) Write the date
   3) Write the payee
   4) Write the amount
   5) Calculate the new balance

What are the steps to keep track of the deposits when receiving money?

1) Write description
2) Write the date
3) Write where deposit came from
4) Write amount of deposit
5) Calculate the new balance