Sunday, October 12, 2008

Teaching the financial process

Friday, the After-School Academy took a field trip to Washington Mutual.
We prepared to "act like bankers" before we went in. Four parents went with us so that their children could open a savings account. The bank allowed the children to put in as little as 25 cents to start saving. Nine children opened savings accounts.

As the kids waited,

...parents set up their child's savings accounts

...grandparents set up their grandchildren savings accounts

...parents/grandparents taught their children/grandchildren how to deposit their money were taught how to read a deposit receipt

...and kids interviewed the bankers.