The Real World
A great deal of life is learning by doing. Speak to your parents/guardians about what accounts are in place for you. Some of you may already know, but know you've learned something about Savings and Checking Accounts investigate whether or not you have them. Familiarizing yourself with them now will prepare you for the future.
If you're interest in looking for a Checking Account go on the websites of your local bank and look for the information listed in the pages of the Checking Account pages of this website. I am attaching a handy little worksheet for you to fill out as you explore checking accounts. For some practice, check out Nerdwallet's Best Checking Accounts of 2017.
Choosing a Checking Account.pdf | |
File Size: | 105 kb |
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A Virtual Check Book
If you've never owned a check book and want some practice before taking on the responsibility and using it in day to day life. A financial literacy website called The Mint has got a few great interactive activities for using a checkbook. The two pieces are recommend are Writing a Check and Balance Your Checking Account.
Extra Practice
There are some great worksheets which have been created to help you understand using a check book and a savings account. Many of them are geared towards classroom use, however they do have some good worksheets you can complete on your own for practice. My personal favorite is Next Gen. Personal Finance, it's a great resource for you to use when you want to expand your learning. Here's the link to their checking account worksheet, and here is the link to their savings account worksheet.