Give students the opportunity to reflect on their transaction history with these guiding questions. Choose a time frame for students to review, for example this week or this month.
Bank Statement Reflection Activity
Directions: Sign in to your ClassEquity account, and click on My Activity. Use your transaction history to help answer the following questions. If you have any pending transactions, make sure to complete those first!
Fixed income: How much money did you earn from your classroom job? _________
Variable income: How much money did you earn from bonuses? _________
What was your total income? _________
Hint: Total income = Fixed income + Variable income
Fixed expenses: How much money did you pay for bills? _________
Variable expenses: How much money did you pay in fines? _________
Variable expenses: How much money did you spend in the store? _________
What were your total expenses? _________
Hint: Total expenses = Fixed expenses + Variable expenses
What is your net income? ________
Hint: Net income = total income - total expenses
When you look at your transaction history, what stands out to you?
Do you think your bank statement accurately reflects your behavior and contribution to your class? Why or why not?
What is one goal you have moving forward? What challenges might you face when working toward this goal and how will you overcome them?
Other reflection question ideas
What are you most proud of?
Where did you encounter struggles, and what did you do to deal with it?
What is one goal you have moving forward? How can I help you meet this goal?