Decode Bank Statements: A Fun Financial Game & Learning Activity
Engage in a bank balance game to enhance financial literacy by deciphering transactions, calculating balances, and understanding the elements of a bank statement. Dive into interactive exercises for practical money management skills!
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Presentation Transcript
On your own, from memory, no prompts, no discussion, you must write something. Image result for brain icon Image result for arrows cycle Recall knowledge that you will need again! Spaced Retrieval . Last Lesson What is the perimeter of a square with side length 4.5cm? Work out 41 + 9 + 33 + 27 + 23 in an efficient way Last Week Write 349,000 in standard form Last Term For today Write down some key words might appear on a bank statement In Silence 5 minutes
On your own, from memory, no prompts, no discussion, you must write something. Image result for brain icon Image result for arrows cycle Recall knowledge that you will need again! Check your work . ?? ?? What is the perimeter of a square with side length 4.5cm? Work out 41 + 9 + 33 + 27 + 23 in an efficient way ??? ?.?? ??? Write 349,000 in standard form Balance, debit, credit Write down some key words might appear on a bank statement In Silence 5 minutes
BANK BALANCE GAME To play the game, put the cards face down in a pile. Take turns to turn a card over and enter the value in the correct column of the bank statement and work out the balance. The winner is the learner with the highest balance when the cards run out.
Mrs Elder Debit Credit Balance 01.01.22 Starting Balance 700.00 49.99 01.01.22 Buy Shoes 650.01 550.01 02.01.22 Cash from bank 100.00 03.01.22Pay Day 900.00 1450.01
Title: Bank Statements Copy the table into your book leave lots of space for extra rows
Starting Balance Decide in your pairs who receives starting balance A and who receives starting balance B B A
To play the game, put the cards face down in a pile. Take turns to turn a card over and enter the value in the correct column of the bank statement and work out the balance without a calculator. Check your answer with a calculator as you go. The winner is the learner with the highest balance when the cards run out.
How can you work out the total amount paid out? How can you work out the total amount paid in? How can you check that the final balance is correct?
