Thursday, February 26, 2009

Money & Banking Part 1 (100 BMC Aurora)

Students were presented with an overview about the importance of Money & Banking. The session's objective was to provide students with a basic understanding of money and the industry of banking. Topics defined and discussed were:
- What is money
- What are the advantages to banking
- Money and peer pressure to spend it
- Disposable income
- The difference between needs and wants
- Impulsive spending and its consequences
- Advantages of establishing a budget
- The difference between banks & credit unions
- Check writing & the advantages to maintaining an accurate register/log

Students were given 10 questions, pertaining to the presentation, to answer and turn in.

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