Talking about Money

Unit 22 Lesson 2: Discussing Banking

Review

 BUY
 SHOPPING
 SELL
 STORE
 SELLING
 CREDIT-CARD
 TREAT-TO
 EARN
Review

 COLLECT
 SUBSCRIBE
 GET-REGULARLY
 GET-LOTS-MONEY
 INVEST
 PRESENT-TO
 CHECK
 MONEY
 DOLLAR
Banking Services

What are two basic services the bank provides?

t whq
fs-BANK HAVE TWO BASIC SERVICE, “what”

fs-CHECKING-ACCOUNT

SAVE++ fs-ACCOUNT
Banking Services

What is the function of a checking account?

t whq
fs-CHECKING-ACCOUNT, #DO++

DEPOSIT or INSERT
FINISH, WRITE fs-CHECK or SWIPE fs-DEBIT
CARD
Banking Services

What is the function of a savings account?

t whq
SAVE++ fs-ACCOUNT, #DO++

DEPOSIT or INSERT
LEAVE-ALONE, INTEREST INCREASE++
Banking Services

How do you get money after business hours?

cond whq
SUPPOSE fs-BANK CLOSE, YOU WANT WITHDRAW MONEY, HOW

fs-ATM
Banking Services

What should they do with their bank statement of the end of the month?

MONTH++ fs-BANK SEND-TO-you fs-STATEMENT,

whq
YOU (2h)#DO++

BALANCE
Banking Services

What is your balance?

t whq
MONEY LEFT-OVER HOW-MUCH
Banking Services

What would happen if they wrote a check for $30.00

but only had $25.00 in their account?

-
SUPPOSE YOU LEAVE-ALONE 25 DOLLAR, YOU
cond whq whq
WRITE fs-CHECK 30 DOLLAR, “what” HAPPEN. WHY
Banking Services

BOUNCE-CHECK, because account IN-RED

(or NEGATIVE).

BANK PUNISH, CHARGE fs-FEE.

Banking Services

Consider this scenario: suppose you have

$100 in your savings account, and $25 in your
checking account and you want to write a
check for $35, what could you do to avoid
being charged for a “bounced check”?
Banking Services

.
SUPPOSE SAVE++ HAVE 100 DOLLAR, fs-CHECKING,
.
HAVE 25 DOLLAR, YOU MUST WRITE fs-CHECK 35
cond whq
DOLLAR, YOU (2h)#DO++.

TRANSFER (from savings to checking)

Banking Services

What can they do if they are in debt and can

not make payments?

cond
SUPPOSE YOU OWE++ !MANY! WILL IN-RED,
whq whq
(2h)#DO++. WHY
Banking Services

q
FILE fs-BANKRUPTCY. WHY !(2h)BE-BROKE!
(can use this sign for “bankrupt”)
Banking Services

REVIEW

fs-CHECK BALANCE
SAVINGS IN-RED
DEPOSIT INSERT-IN
BOUNCE-CHECK CHARGE-FEE
SUBTRACT-FROM fs-ATM
PUNISH (penalty) TRANSFER
MONEY+LEFT-OVER INTEREST
FILE BANKRUPT !(2h)BE-BROKE
WITHDRAW fs-CASH
Banking Services

BRAINSTORMING
You are asked to brainstorm the advantages and
disadvantages of the three most common methods of
payment:

Advantages/Disadvantages
Paying by cash
Paying by check
Paying by credit card
Banking Services

Some ideas:

• Advantages of paying by cash

- quicker
- you know you can afford it if you pay by cash
- no worries about interest rate or having to pay later

• Disadvantages of paying by cash

- may not be safe to carry large amount
- you may be limited in what you can buy
Banking Services
Some ideas:

• Advantages of writing checks

- can write for large amount
- safer than carrying cash around
- can stop payment
- better for mailing money gifts
- can pay bills

• Disadvantages of writing checks

- can overdraw your account
- need to keep records
- checks now no longer accepted at some restaurants and businesses
Banking Services
Some ideas:

• Advantages of credit card

- can purchase things through the phone, mail, or internet
- excellent for travel, no need to bring lots of cash
- essential for renting cars(if you don’t have credit card, you cant rent a car)
- you can buy now and pay later
- useful in case of emergencies

• Disadvantages of credit card

- danger in buying more than you can afford
- high interest rates
- if stolen, another person can use the card
Dialogue #1

1. What was Cinnie selling?

2. How much were the raffle tickets?
3. What were the prizes for winning the raffle?
4. Why was Byron reluctant about buying the
tickets right away?
5. What did he offer instead?
Dialogue #2

1. What was Missy’s problem?

2. What did Ken suggest and why?
3. What was Ken’s response to Missy’s idea of
charging the computer to her credit card
rather than buying it outright?
4. Why did Missy finally decide to charge the
purchase after all?
Dialogue #3

1. What did Nikki invite Cinnie to?

2. Why did Cinnie decline?
3. What did Nikki offer Cinnie instead?
Dialogue #4

1. What hypothetical situation did Ken present

to Byron? What are the conditions?
2. What ideas did Byron have (in regards to the
hotel and the baseball team)?
Dialogue #5

1. What is Ken asking the cast to do and why?

2. Why can’t Cinnie afford to contribute
$20.00?
3. How much did Cinnie end up contributing?
Vocabulary Review

 MONEY-RICH (2h) PRESENT-TO

 (2h) SPEND-ALL (S->O->S)
 (2h) alt.PRESENT-TO (donate)
 (2h) alt.INVEST
 GET-LOTS-MONEY (V handshape)
 ZERO-BALANCE
 TREAT
 (2h) TREAT-TO-all
 GOOD-MONEY
Vocabulary Review

 (2h)alt.WINK+BRIBE
 BUSINESS-IN-RED
 (2h)alt.CONTRIBUTE
 PAY+EARN+SMALL
 NONE PAY INCREASE
 RICH
 STINGY
 SUBTRACT-FROM+LARGE
 COST LIVING GO-UP
Vocabulary Review

 HAVE-TIGHT-BUDGET
 CAN’T+AFFORD
 BE-BROKE
 (2h)SPEND-ALL(S->1)
 OWE++
 fs-BILLS
 SUBSCRIBE/GET fs-PAYCHECK
 PAY-IN-LARGE-CHUNK
Vocabulary Review

 LAY-AWAY
 PAY-OFF
 NONE PAY INCREASE
 SUBTRACT-FROM (garnish funds)
 MONEY-ZERO”palm”
 POUR-MONEY-ON
Create a Dialogue
Group 1 Group 3
(2h)BE-BROKE TREAT-TO++
(2h)SPEND-ALL(S->1) LAY-AWAY
OWE++ PAY-OFF
fs-BILLS

Group 2 Group 4
HAVE-TIGHT-BUDGET PAY+EARN+SMALL
SUBSCRIBE/GET fs-PAYCHECK NONE PAY INCREASE
PAY-IN-LARGE-CHUNK STINGY
CAN’T AFFORD SUBTRACT-FROM
Create a Dialogue
Group 5 Group 6
MONEY-ZERO”palm” (2h)alt.PRESENT-TO
POUR-MONEY-ON (2h)alt.INVEST
MONEY+RICH ZERO-BALANCE
SPEND-ALL

Group 7 Group 8
GOOD+MONEY COST LIVING GO-UP
(2h)alt.WINK (bribe) HAVE-TIGHT-BUDGET
BUSINESS-IN-RED NEEDY
(2h)alt.CONTRIBUTE PAY-OFF
Banking Services

Homework
Read the section on “Banking Terms and
preview segments 5-9, in “Review Notes:
Money Vocabulary,” in the Student
Workbook, pages 125-127