Money and payment transactions

On the topic

On a daily basis, we are busy paying for various expenses. In addition to cash, payment via the checking account and card payment, there are many other payment methods that the new technologies make possible.

There are more and more options, especially when it comes to paying over the Internet or using a mobile phone. There are both advantages and disadvantages. The differences already begin when I choose my bank, where I have my account. It is important to deal with this in order to find out the most suitable forms of payment for yourself.

Framework data

Target group	Adults ● in the field of education, training and further education ● in measures of the labor market service ● in residential groups and social institutions ● in other courses, etc.
Time frame	90 minutes
Requirements	Room with sufficient space for small group work and exercise

Learning goals

● Getting to know terms in money and payment transactions
● Dealing with a wide variety of payment methods
● Discussing the advantages and disadvantages of various payment methods
● Thinking about your own current account

Schedule – Overview

Methods Pool

pool Duration in minutes

Complexity

1. Terminology
An exchange within the group is started by using terms on the topic.

Background knowledge “Terminology“

Annex “Terminology”

15

Easy

2. Selection of a current account
Recognizing and exchanging what is important for the participants individually in a current account

Annex “Selection of a current account“

15

Easy

3. Payment methods Memory game
Getting to know a selection of payment methods in a playful manner Enclosure

” Memory”

Explanations of the payment methods

25

Easy

4. Quiz
Consolidation of knowledge from the previous method

Annex “Memory”

Annex “(Quiz) questions for payment methods”

15

Easy

5. Debate on the abolition of cash
Intensive examination of the advantages and disadvantages of the Cash

20

means

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1. Definition

Setting	Plenum
Goal	Getting to know the group. Explanation of terms.
Material	Enclosure Explanation of terms
Duration	15 minutes
Further information	Movement helps the participants to arrive. It helps you get talking. Basic terms are explained.

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2. Selection of a current account

Setting	Group work and plenary session
Goal	Examination and reflection on one’s own account. What is important to me? Do I have this now? Do I want something different from my bank?
Material	Annex “Choosing a current account”, flip charts and stickers
Duration	25 minutes

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3. Payment methods MEMORY

Setting	Group and plenary session
Goal	Discussing the different payment options
Material	“MEMORY” annex – one set of 54 cards per group
Duration	25 minutes
Additional information	The focus is not on detailed knowledge of the individual methods, but on the variety of options with their respective opportunities and risks. Using many different payment systems increases the risk of losing track of your finances (especially expenses). A conscious decision for or against individual systems is helpful when dealing with this diversity.

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4. QUIZ

Setting	group and plenary
Goal	Consolidation of the payment methods of the MEMORY
Material	Enclosure “MEMORY” – only the cards with symbols (27 cards) Enclosure: (quiz) questions for payment methods
Duration	15 minutes

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5. Debate on the abolition of cash

Setting	Group and plenum
Goal	To work out the advantages and disadvantages of cash.
Material	Paper, pens, flipchart
Duration	20 minutes
Further information

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