Life Skills Money & Finance Conceptual 7–9 yrs

Banks & Saving

银行与储蓄

Description

What banks do and why people use them; bank accounts as safe places for money; that savings in a bank can earn interest; children's savings accounts

Mastery Evidence
  • Explain what a bank does in simple terms (keeps money safe, lets you save)
  • Describe what interest means (the bank pays you a little extra for keeping money there)
  • Name one reason a bank account is safer than keeping all your money at home
Assessment Prompt

Could your child explain what a bank does and why people put their money there instead of keeping it all at home?