In this lesson, students will learn about understanding their credit card statements, using a comprehensive guide covering various aspects, including billing cycles and interest charges. They will learn to efficiently manage their finances, ensuring punctual payments, and maintaining a favorable credit score. CONCEPTS Use this video lesson on the topic of credit card statements. Learn … Continue reading How to Read a Credit Card Statement Lesson
Credit Cards Lessons
Welcome to our page on credit cards! We believe that understanding how to use credit cards responsibly is a crucial skill in financial literacy. Our resources are designed to provide a comprehensive understanding of credit cards, including how to choose a credit card, understanding interest rates and fees, and building good credit. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to make informed decisions when it comes to using credit cards. From managing credit card debt to building a positive credit history, our materials will help students become responsible credit card users and achieve their financial goals.
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Building and Maintaining Credit Lesson
This introductory lesson teaches important tips on how to build credit by using credit cards and loans responsibly, how to maintain good credit by making payments on time and keeping credit utilization low, and how to monitor credit reports to ensure accuracy. CONCEPTS Use this video lesson on the topic of building and maintaining credit. … Continue reading Building and Maintaining Credit Lesson
What is Credit Score? Beginner’s Guide to Credit
The lesson explains credit scores in an easy to understand way. Understanding your credit score is crucial for managing your finances, whether you’re just starting to build credit or have been doing so for a while. CONCEPTS Use this video lesson on the topic of credit score. Learn basic credit and related concepts of: Credit … Continue reading What is Credit Score? Beginner’s Guide to Credit
What is Credit? The Basics of Credit
The lesson explains what credit is and how it works, including the types of credit available and how to obtain it. It also emphasizes the importance of using credit responsibly and paying bills on time to maintain good credit standing and secure better interest rates and terms. CONCEPTS Use this video lesson on the topic … Continue reading What is Credit? The Basics of Credit
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
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
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
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
