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Deposit and Withdrawal Worksheets Form

Deposit and Withdrawal Worksheets Form

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hello and welcome to five minute math today we are looking at the second grade concept of personal financial literacy specifically how we can spend and save money using withdrawals and deposits and we will do it in five minutes or less so these are two words that we're going to look at today deposit and a withdrawal and those have to do with actions that your parents and other adults take when they use a bank so you know a bank is a financial institution that uh holds your money for you sometimes you put your check your paycheck straight into the bank you can get money out of the atm they do other things as well like sometimes they'll loan you money for a car for a home but the two big actions that you can take at a bank is you can either deposit money or you can withdraw money it's called a withdrawal so deposit money that's when you save money we know about saving money so when you get money from an allowance from a birthday maybe you mow someone's lawn you say you have some christm

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