Banking Basics: A Kid's Guide to Understanding Banks

Lesson 1: Introduction to Banks

Learn the basics of banking, why banks are essential, and their role in managing money and supporting the economy.

Lesson 2: Bank Terminology and Services

Understand key banking terms and services, including savings accounts, loans, and financial advice.

Lesson 3: Types of Banks

Explore different types of banks, such as commercial banks, credit unions, and online banks, and their unique services.

Lesson 4: Bank Accounts

Learn about various bank accounts, including savings and checking, and how each helps with money management.

Lesson 5: Debit Cards and Credit Cards

Understand the functions of debit and credit cards, responsible usage, and managing interest and fees.

Lesson 6: Online Banking and Payment Methods

Discover online banking, mobile apps, and secure digital payments for modern money management.

Upon completing this course, students will have a foundational understanding of banking concepts, including account types, key terminology, and the roles of different types of banks. They will gain confidence in using banking tools such as debit and credit cards, practicing responsible spending, and navigating online banking and digital payment methods securely. This knowledge will prepare them to make informed financial decisions and manage their finances responsibly as they grow.

• Financial Literacy: Gaining a strong grasp of fundamental banking terms, different types of accounts, and essential banking services.
• Responsible Spending: Learning the differences between debit and credit cards, understanding interest and fees, and developing habits to avoid debt.
• Digital Banking Competency: Navigating online banking platforms, mobile apps, and digital payment methods, and understanding the convenience and functionality they offer.
• Decision-Making: Building the ability to make informed financial choices, such as when to save, spend, or use various banking products.
• Security Awareness: Recognizing and practicing safe methods to protect personal financial information and prevent fraud in online and offline transactions.