Resource/Preservation Basic 5 Social Studies Lesson Note

PERFORMANCE OBJECTIVES

By the end of the lesson, most of the pupils should have attained the following objectives:

1. Explain the meaning of resource preservation
2. What is saving
3. State types of saving
4. List bank facilities in your community
5. State the process of opening a bank account
6. State items that can save in the banks

ENTRY BEHAVIOR

The pupils can state some of the ways to save money and preserve our resources.

INSTRUCTIONAL MATERIALS

The teacher will teach this lesson with the aid of:

• Money
• Bank statement form
• Pigment Jug

METHOD OF TEACHING

Choose a suitable and appropriate methods for the lessons.

Note – Irrespective of choosing methods of teaching, always introduce an activities that will arouse pupil’s interest or lead them to the lessons.

REFERENCE MATERIALS

1. Scheme of Work
2. 9-Year Basic Education Curriculum
3. Course Book
4. All Relevant Material
5. Online Information – Meaning and Types of Bank and Saving Privacy of Bank

CONTENT OF THE LESSON

LESSON 1 – INTRODUCTION

MEANING OF RESOURCE PRESERVATION

Resource preservation is a way of keeping things like money and other material resources for future use.

Saving is one of the ways of preserving resources.

MEANING OF SAVING

Saving is the process of keeping money and other valuable items for future and safety purposes.

Money can be save in the banks, in ceramic pots, safe, investment funds or safe etc.

TYPES OF SAVING/RESOURCE PRESERVATION

1. Piggy bank
2. Banks
3. Cooperative
4. Thrift and Credit Society
5. Merchant companies
6. Investment funds
7. Cashew
8. Treasure bills
9. Insurance company, fixed and houses

ASSESSMENT

1. State 5 banks in your community
2. Hint out the importance and process of opening a saving account

LESSON 2 – BANKING FACILITIES IN THE COMMUNITY

Banking facilities in the bank promote interest.

Banks can be our own business interest

Banks help the community serve the bank for business, financing purpose etc.

Banks facility in our community are:

1. Commercial bank
2. Mortgage bank
3. Merchant bank
4. Development bank
5. Micro Finance bank
6. Industrial bank

PROCESS OF OPENING A BANK ACCOUNT

The important and first step in saving in the bank are:

1. Identification cards such as an national identity card, international passport, voter’s card
2. Application form
3. Minimum account balance, 2 cheques
4. One additional photograph of the applicant
5. One or two reference forms
6. Filling out of paid in form and completing all ATM/PoS till in cash bill
7. Registered period, if you are a foreigner

RESOURCES THAT CAN BE PRESERVE IN THE BANKS

Money is not the only thing that can be preserve in the bank.

For examples – Documents, gold, silver and valuable jewelery

Discover related topics

• How to Opening a Savings Account, Money
• Savings Account Lesson Plans
• Best Way to Set Up Bank Accounts
• Savings Account Vs Investing
• How to Manage a Savings Account

Benefits for banks:

State out more and first original documents of legal letters of agreements and secure all complain forms / certificate / authentication of your institution.

1. Withdrawal are not original bills on collecting mortgage certificate, furthermore such as will be submitted for account. 
2. Bills / other documents are now saved discontinue. 
3. International passport.