Life Skills
Credit Cards the Good, the Bad and the Ugly: Financial Literacy-Personal Finance
In this Personal Finance Lesson we will learn what credit cards are, and the potential benefits and drawbacks of using them. We will look in detail at credit vs debit cards as well as the danger of compounding interest and debt.
12-17
year old learners
2-10
learners per class
$10
Charged upfront
Meets once
45 minute class
Available times
Pacific
Description
Class Experience
Financial literacy and credit are subjects often not taught in schools, yet they are some of the most important life skills to learn at an early age. In this interactive lesson, we will be learning about credit cards, how they work, and their potential benefits and drawbacks. We will be using a slide show in which questioning and interaction will take place. The areas we will cover are the following: Firstly, credit cards are a type of payment card that allows you to borrow money from a bank...
The learning objectives for middle school age students in a lesson about credit cards are as follows: 1. To understand what credit cards are, how they work, and their potential benefits and drawbacks. 2. To distinguish between credit and debit cards and understand the differences between them. 3. To understand the danger of compounding interest and debt, and its impact on credit card users. 4. To understand how credit scores factor into borrowing money and the importance of maintaining a good credit score.
Handout will be provides covering all material from lesson.
45 minutes per week in class, and maybe some time outside of class.
Teacher
Glenn Martin M.Ed Credentialed Teacher30 year California Public School Teacher in Technology, Life Skills, Graphics, Computer Applications
🇺🇸
Lives in the
United States4 total reviews
9 completed classes
About Me
Thank you for the opportunity to teach and serve your child. For 31 years I served as a full-time public school teacher in Moreno Valley, CA. During my career I taught Biological science for five years and for 27 years I taught computers and...