The StAir Design will instruct students with Special Needs what a checking account is and how to...
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![Page 1: The StAir Design will instruct students with Special Needs what a checking account is and how to open their own checking account.](https://reader037.fdocuments.net/reader037/viewer/2022110116/55168122550346a2698b5df2/html5/thumbnails/1.jpg)
How to Open a CheckingAccount
The StAir Design will instruct students with Special Needs what a checking account is and
how to open their own checking account.
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A check is a written order telling the bank to pay money to the person named the check
A checking account is a record of money you have placed in the bank, so you can later pay bills or buy things without using cash.
Checks and Checking Accounts
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• When you put money in the bank you are making a deposit
• When you write a check, the bank takes money from your checking account and pays the person that you name on the check.
• The amount left is your balance • The bank helps you keep track of your
check and deposits by mailing you a bank statement once a month. It is a written record of banking services.
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• Checks are safer. You don’t have to keep large amounts of cash in your pocket or home.
• Checks save time. You can mail a payment or pay bills online instead of taking it to the person or into the business.
• A check is a receipt. A receipt is a written document that your money was received by the person you owe.
• Checks help you budget your money. You will be able to know where your money is going each month by looking at your cancelled checks.
• A cancelled check is a check you wrote that has been paid by the bank and sent back to you.
Reasons to use checks instead of cash
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
YESNO1. Checks are safer to use than
cash.
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
YESNO
2. You don’t have to put money in the bank before writing a check.
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
YESNO3. A checking account is a
record of the money you have put in the bank for writing checks.
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
YESNO4. It is a good idea to mail your
bills in cash Instead of a check
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
YESNO5. After writing a check, the money that is left in your account is your balance.
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Let’s take a QuizCheck YES after each statement that is correct. Check NO after each statement that is incorrect.
The quiz must be completed before moving to the next section.
YESNO6. A canceled check is a blank check that you
have not written.
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Correct! Checks are safer to use than cash
Click on the arrow below to return to the quiz!
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Incorrect! Checks are safer to use than cash
Click on the arrow below to return to the quiz!
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Incorrect! You must to put money in the bank before
writing a check.
Click on the arrow below to return to the quiz!
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Correct! You must put money in the bank before writing a check.
• Click on the arrow below to return to the quiz!
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INCORRECT! A checking account is a record of the money you have put in the bank for writing checks.
Click on the arrow below to return to the quiz!
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Correct! A checking account is a record of the money you have put in the bank for writing checks.
Click on the arrow below to return to the quiz!
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INCORRECT! NEVER mail cash, It is a good idea to mail your bills in a check.
Click on the arrow below to return to the quiz!
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Correct! It is a good idea to mail your bills in cash Instead of a check
Click on the arrow below to return to the quiz!
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Correct!
After writing a check, the money that is left in your account is your balance.
Click on the arrow below to return to the quiz!
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INCORRECT!
After writing a check, the money that is left in your account is your balance.
Click on the arrow below to return to the quiz!
![Page 23: The StAir Design will instruct students with Special Needs what a checking account is and how to open their own checking account.](https://reader037.fdocuments.net/reader037/viewer/2022110116/55168122550346a2698b5df2/html5/thumbnails/23.jpg)
INCORRECT! A canceled check is a check that is paid by the bank and returned to you.
• Click on the arrow below to return to the quiz!
![Page 24: The StAir Design will instruct students with Special Needs what a checking account is and how to open their own checking account.](https://reader037.fdocuments.net/reader037/viewer/2022110116/55168122550346a2698b5df2/html5/thumbnails/24.jpg)
CORRECT! A canceled check is a check that is paid by the bank and returned to you.
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Congratulations, You can now successfully open your very own Checking Account! Good Luck and Don’t forget to add cash to your account before writing a check!