Banks & Interest
Illustrate factors to consider when selecting a bank.
Welcome to the new Federal Reserve Education website. Register an account and start saving favorite resources!
Back to All
New!
Lessons & Activities
31-45 min
Budget Trade-Offs—A Penny Here and a Penny There (Lesson 5B)
OVERVIEW
Students participate in an activity that illustrates that budgeting is really an allocation problem. In one activity, students are given pennies representing monthly personal income to allocate for their living expenses.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Banks and Alternatives 101: Tax Refund Fees
This video assignment assignment examines offers by tax preparers to get your refund faster than normal.
MODULES
16-30 MIN
Your Budget Plan | It's Your Paycheck Lesson 4
Analyze effective budgeting behaviors.
READING Q&A
16-30 MIN
Smart Phones and Budget Changes
Learn how phones have changed our lives and our budgets.
LESSONS & ACTIVITIES
1 HOUR+
The Balance Sheet
Distinguish between wealth-building assets and depreciating assets.
VIDEO Q&A
0-15 MIN
Banks and Alternatives 101: Fees, Fees and More Fees: It all Adds Up
Weigh the benefits and costs of rent-to-own and “buy here, pay here” options.
More in This Series
CURRICULUM UNITS
1 HOUR+
Making Personal Finance Decisions Curriculum
Teach valuable personal finance lessons grounded in economic theory.
LESSONS & ACTIVITIES
31-45 MIN
The Wealth Game—Factors for Success (Lesson 1A)
After playing a game simulating wealth creation, students reflect on determinants of wealth: natural abilities, effort, motivation, and luck.
LESSONS & ACTIVITIES
31-45 MIN
Making Choices and Identifying Costs (Lesson 1B)
Introduce the PACED decisionmaking model.
LESSONS & ACTIVITIES
31-45 MIN
The Inventory Game—Net Worth and Cash Flow (Lesson 2A)
Learn about net worth, cash flow, and the relationship between them.
LESSONS & ACTIVITIES
31-45 MIN
Meeting Financial Goals—Rate of Return (Lesson 2B)
Show the two ways that investments can earn a return.
LESSONS & ACTIVITIES
31-45 MIN
Investing in Yourself (Lesson 3A)
Demonstrate the importance of human capital.
LESSONS & ACTIVITIES
31-45 MIN
Entrepreneurship—Working for Yourself (Lesson 3B)
Learn about common traits of entrepreneurs.
LESSONS & ACTIVITIES
31-45 MIN
What Are Taxes For? (Lesson 4A)
Explain why the government provides some goods and services.
LESSONS & ACTIVITIES
31-45 MIN
Understanding Taxes (Lesson 4B)
Learn about factors that make various taxes different.
LESSONS & ACTIVITIES
31-45 MIN
Making a Budget—It Is All Spending! (Lesson 5A)
Discover that all elements of a budget are essentially spending on goods and services.
