Simulation to Teach Basic Finance Skills

• Teacher reads from instructional script and students are provided with all necessary materials to make a purchase and track withdrawals and deposits
• Teacher sits across from student
• The researcher-made debit card machine is placed in front of the student
• Teacher reads the case scenario included in the day’s instructional script and states the purchase total
• Teacher demonstrates one step of the task analysis as they verbally state the directions, and then, asks the student to complete the steps independently
• If an incorrect response is given, the teacher repeats the step and asks the student to demonstrate the step again
• If a correct response is given, the teacher provides immediate praise and pulls out the picture prompt in the simulated debit card machine to reveal the next screen
• If the student does not respond or gives an incorrect response within 5 seconds, the teacher provides a verbal prompt

Making a decision based on amount of money in account

1. Determine if enough money is in account to make a purchase of "x" amount of dollars

Making a purchase with a debit card

2. Answer cashier's question of debit or credit
3. Swipe card
4. Enter pin number and press enter
5. Check amount of purchase to see if it is correct. Yes for correct. No for incorrect
6. Select yes or no for cash back
7. Wait for approval/ takes receipt
8. Put receipt in wallet

Tracking expenses (recording purchases)

9. Walk to banking center
10. Take receipt out of wallet
11. Under column 1, labeled number or code, write card used for a debit
12. Under column 2, labeled date, write the date of the transaction
13. Under column 3, labeled transaction description, write a description of the transaction
14. Under the column 4, labeled payment, fee, withdrawal (-), write the amount of the debit
15. Under column 5, total the results using the correct operation in the checkbook register (+ deposits and - for card)

Tracking expenses (recording deposits)

16. Find deposit amount in check register
17. Write date of deposit
18. Write deposit under transaction description
19. Write the amount of deposit in deposit, credit (+) column
20. Under the last column total results using the correct operation in checkbook register (+ for deposits and - for debit)