Curated OER
Credit Card Scare
Young scholars examine credit cards and how they work, analyze credit card applications, and practice good spending habits in a credit card simulation.
Curated OER
I want a credit card--or do I?
Students pretend to borrow $1000.00 on a credit card. They pretend to make the minimum payments for a year. When they're done, they make a pie chart showing how much of their payments reduced their debt, and how much was interest.
Federal Reserve Bank
Credit Reports—and You Thought Your Report Card Was Important
Get the facts about credit and take a close look at what factors into a consumer credit report with this fantastic lesson. Your pupils will read informational texts, read sample financial documents, and discuss the advantages and...
PLS 3rd Learning
Shopping for a Credit Card
Young people often get themselves into trouble with credit cards because they don't fully understand interest rates, fees, etc. This activity requires teens to research and record information on three different credit cards in order to...
Curated OER
Buying on Credit
Students determine how buying on credit adds to the total cost of an item by computing the interest. They find a major item advertised in a magazine and identify the price. Then they identify the rate of a credit card and calculate the...
Curated OER
Who Controls the Real Cost of Credit Cards?
Students view the film "How Much Does Debt Cost?" and explore the reasons why credit card fees and interest rates have gone up so much over the last 25 years. They participate in class discussion and complete a worksheet.
Curated OER
Credit: Taking an Interest in Credit
Students examine how credit works but looking at how credit cards and interest rates work. They use percentages to solve problems using credit card interest rates while completing a worksheets.
Curated OER
How You Use Credit Cards Should Determine How You Choose Them
Young scholars explore the concept of credit cards. In this credit cards lesson, students read an article about credit card spending. Young scholars discuss different ways in which people use credit cards. Students determine what kind of...
Practical Money Skills
Understanding Credit
Help your young consumers learn about credit and the importance of credit history. With a thorough instructional activity about the ins and outs of credit, as well as the potential pitfalls of having a line of credit, kids will be...
Visa
The Danger of Debt: Avoiding Financial Pitfalls
How can our perspectives of borrowing and returning influence the way we view credit? Pupils explore the concept of debt, how it impacts our ability to obtain credit, and finally the ways in which we can work to alleviate debt.
Curated OER
Filling Empty Pockets: Borrowing, Loans, and Credit
Students examine credit components and how each works within our economy today. For this financial literacy lesson, students explore credit terms and make decisions based on real credit card offers that they find in their on line research.
Curated OER
Credit Cards: Buy Now, Pay Later
Students comprehend that when they use a credit card, they are taking out a loan from the issuer of the card. They access that if a card is paid in full each month, there is no cost for using the credit card. However, if the borrower is...
Curated OER
PAY CREDIT WHEN CREDIT IS DUE
Students learn about credit cards and scores and how to and not to use them. In this financial concept lesson, students are given hypothetical scenarios where they are able to apply learning's to given situations as they figure rates,...
Federal Reserve Bank
Financial Literacy Infographic Scavenger Hunt
A lesson in personal finance can be the most valuable part of a high school education. Connect the basics of banking with informational reading skills in a lesson that prompts teenagers to answer a series of questions based on an array...
Curated OER
The Hundred Penny Box
Students analyze the advantages of regular saving and how savings grow with compounding. After reading the story "The Hundred Penny Box", students define the terms "interest," "interest rate," and "compounding." Through several...
Curated OER
EBT-rimental
Students engage in a lesson plan that gives them the tools needed to become knowledgeable credit consumers. The companion website for the ITV program TV-411 is used to provide learners with an interactive experience of what credit has to...
Curated OER
Credit: Buy Now, Pay Later (NEFE)
Students examine credit use and abuse, and the consequences of bankruptcy.
Curated OER
Consumer Credit
High schoolers investigate he concept of consumer credit by explaining the benefits of using credit. The costs of their use is discussed in the lesson and the criteria that is used in order to establish credit. They work in cooperative...
Curated OER
Credit: Buy Now & Pay Later
Students examine credit and how it works. In this financial literacy lesson plan, students review the pros and cons of credit in order to purchase goods and services by answering provided questions and working within a group to come up...
Curated OER
Count Your Credit
Students begin the lesson by discussing credit cards, interest rates and budgets. With a partner, they complete a webquest in which they can determine the minimum payment on different amounts and interest rates on their make-believe...
Curated OER
Identity Theft & Consumer Protection
This presentation discusses two very important consumer-related topics: identity theft and financial contracts. The first part of the slide show illuminates ways in which personal information can be stolen and used for fraudulent...
Curated OER
Who Wants to Spend $20,000?
Who wouldn't want $20,000 to spend? But, the question becomes, what do you spend it on? Learners discuss loans, interest, and making adult-like financial decisions. They role-play a scenario that depicts the choices of a girl who took...
Curated OER
The Catastrophe Clan
Students participate in a financial project and identify the three c's of credit. In this credit card lesson, students define and understand how to use credit wisely. Students become familiar with banking terms and types of credit. ...
Federal Reserve Bank
Lesson 3: A Fresh Start
The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third lesson in a unit about Hurricane Katrina and other events that can result in...