1. Personal Finance Education Outline Lesson PlanOpening and Managing a Bank AccountKey Stage 3 Unit 1 Duration: 50 minutesLearning ObjectivesFinancial KnowledgeFinancial Skills FinancialStudents learn about the Students learn how toResponsibilityservices that bank open and use a bankStudents become awareaccounts provide accountof the benefits of usingbank accountsResources MoneySense Bank On It:http://moneysense.rbs.co.uk/rbs/11to14/bankonit/its_your_turn_to_get_banking.asp?page=MONEYSENSE/11_TO_14/BANK_ON_IT/ITS_YOUR_TURN_TO_GET_BANKINGhttp://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking Paying in slips hand outWhat do Banks Do? quiz - PowerPoint presentationStarterhttp://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/what-do-you-thinkShow video clips and discussMainWhat is banking?http://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/case-study-pros-and-cons Case study: pros and cons.-Students identify pros and cons for buying and MP3 player, opening a bankaccount and putting money in a locked box-Your suggestion class vote to decide what advice to send Joe -Joes decision - Watch clip. Joe decides to open a bank account. Discussthe benefits of bank accounts, highlighting key words. Opening a bank account students individually practice filling out aCurrent Account application form (form can be printed from website)

2. http://rbsmoneysense.co.uk/rbs/11to14/bankonit/using_an_atm.asp?page=MONEYSENSE/11_TO_14/BANK_ON_IT/ITS_YOUR_TURN_TO_GET_BANKING/USING_AN_ATM Using an ATM follow instructions at ATM as a class. Discuss theservices available at ATM using prompts linked to each button. May beappropriate to discuss the importance of concealing your PIN. Filling in a paying in slip students individually practice filling in a payingin slip. (Print individual slips but display slip on whiteboard as text isunclear on print out). Select students to drag/teacher drags elements tocorrect place to view completed slip.Internet Banking students write down customer number, PIN number andpassword. Students to write down the appropriate character to be entered ateach stage and the amount in the account.PlenaryWhole class activity: What Do Banks Do? See Quiz (PP slides)or Use online quizhttp://moneysense.natwest.com/schools/students/managing-your-money/what-is-banking/what-is-banking-quiz