GCS FACS 8 Checkbook Challenge
The Greenwich Central School eighth Grade FACS (Family and Consumer Science) classes have been learning about Financial Management which includes learning about budgeting, banking, credit, and balancing your checkbook.
At the beginning of each 20-week class, the students receive a checkbook and are required to record their transactions in their checkbook register. They earn FACS cash--receiving a weekly direct deposit paycheck by punching a time card at the beginning of each class period and also by signing up for odd jobs. Students who sign up for the additional jobs are required to submit a letter of interest and interview for the position. Students also incur expenses, receive invoices/bills and are required to make payment by writing a check from their checkbook for things such as borrowing/renting or purchase a writing utensil, losing an assignment worksheet, or forgetting to push in their chairs at the end of class. Late payment fees are charged for students not making timely payments. Every five weeks they then reconcile their accounts with “the bank”--a/k/a Ms. Saunders. The grade they earn is based on how accurately they maintain their checkbook register. As an added incentive students from each class were recognized as either having maintained the most accurate register or accumulating the highest balance.
The second semester “Checkbook Challenge” winners were Fallon Davis, Hazel Jones, Bryce Saunders, Nola Sheehan, and Riley Stewart. A special thank you to Navy Federal Credit Union, TCT Federal Credit Union, Trustco and TD Bank for providing the prizes.
Pictured above are Checkbook Challenge winners:
Fallon Davis and Hazel Jones
Pictured above are Checkbook Challenge winners:
Riley Stewart, Nola Sheehan, and Bryce Saunders
