What Interest Rate Increases Mean for You

What to expect as the Federal Reserve (the central bank of the United States) increases interest rates. How it impacts your budget, and your money. Understand why the Federal Reserve is increasing rates, so we all will see our borrowing costs potentially rise. Here are some ways that rate hikes could affect you, your money, … Continue reading What Interest Rate Increases Mean for You

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Categories Banking, Basic Money, Borrowing Money, Credit, Credit Cards, Economics, Saving & Investing, Tags , , , , , ,
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Credit Cards – Understanding & Responsibilities

In this lesson students develop skills to compare and evaluate the terms and conditions of various credit cards, the differences between credit cards, and the legal and financial responsibilities involved. Teaching Objectives: List three types of credit card accounts, and explain the uses and payment methods of each Understand how to shop for a credit … Continue reading Credit Cards – Understanding & Responsibilities

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Credit Cards: Shopping Online

Students learn about online shopping with credit cards. Teaching Objectives: Describe the costs and benefits of online shopping. Compare shopping online to shopping in person. Evaluate payment options for online purchases. Standard 8: The student will describe and explain interest, credit cards, and online commerce. Suggested Grade Level 6th – 12th Grade Lesson Excerpt: Online … Continue reading Credit Cards: Shopping Online

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Credit Cards: More Than Plastic

Students learn about credit cards. Teaching Objectives: Describe how credit cards are used to purchase today’s wants with tomorrow’s money. Compute the total cost of purchasing goods using credit cards at different interest rates when making minimum payments. Standard 8: The student will describe and explain interest, credit cards, and online commerce. Suggested Grade Level … Continue reading Credit Cards: More Than Plastic

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