Understanding some of the basic principles around personal money management and more specifically about advantages of saving money in a bank
How To Carry Out This Lesson At Home:
Step 1 – Student is to watch the featured video Importance of Saving Money in a Bank and then to think about the advantages of saving money in a bank rather then keeping the money at home. It is to be noted that the video refers to Indian banks so there might be some minor differences in the ways one opens a bank account.
Step 2 – Student is to reflect on 3 advantages of saving money in a bank.