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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...
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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.
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How You Use Credit Cards Should Determine How You Choose Them
High schoolers explore the concept of credit cards. In this credit cards lesson, students read an article about credit card spending. High schoolers discuss different ways in which people use credit cards. Students determine what kind of...
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Weigh Before You Pay: Debit or Credit?
Students explore the concept of debit and credit cards. In this debit and credit card lesson, students read an article about debit and credit cards. Students discuss differences between the two forms of payment. Students calculate the...
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Real Life Challenge- Give Me Credit!
In this credit worksheet, students calculate the value of 4 different loans before completing a table about credit card offers advertised in newspapers, magazine, or junk mail.
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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.
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Count Your Credit
Students begin the instructional activity 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...
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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...