Financial Literacy

Banking

Activity Sheets

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Lesson Description

The lesson is divided into five engaging parts, blending story-telling with learning, to keep young learners interested.

Part 1 introduces the concept of banks through a heartwarming story of a young girl named Anaya. The students will learn that a bank is a place where people store their money safely when they have too much to keep at home.

In Part 2, the lesson explores the concept of a bank account, described as a special piggy bank at the bank. Through an interactive game, students will get a hands-on understanding of how bank accounts work, including transactions of money in and out, and tracking the current balance.

Part 3 answers the question of why people put their money into banks. The lesson uses an engaging analogy of a cookie jar to explain the concept of earning interest from the bank. The concept is reinforced through a story-game comparing two individuals - one who saves his money at home and the other who saves in a bank.

Part 4 explains how technology aids banking, making it easier to deposit or withdraw money without physically visiting the bank. The students are introduced to modern methods of money transfer like Debit cards and UPI (Unified Payments Interface), further simplifying the process of buying and selling.

Part 5, the conclusion, summarizes the key points learned, reminding the students about the important aspects of banking - safety, earning interest, and ease of transaction.

Through this lesson, students will gain a foundational understanding of banks and banking, preparing them for future financial literacy. The use of stories, games, and analogies ensures that the material is accessible and interesting to them.

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