The Goal of this unit is to Apply financial literacy to decision-making as related to personal monetary planning.
This entire unit is estimated to take 5- 6 School Days at 45-60 minutes per day.
Standards:
CT.ACDP.06.01 Explain the difference between installment and revolving credit.
CT.ACDP.06.02 Compare benefits and costs associated with various credit card plans and justify which account would best meet individual needs.
CT.ACDP.06.03 Read and interpret a credit report and explain the importance of credit reports and FICO scores.
CT.ACDP.06.04 Identify ways to establish and maintain credit.
CT.ACDP.06.05 Explain the relationship among principal, term of loan, and interest rate charged.
CT.ACDP.06.06 Read and interpret an installment loan agreement.
CT.ACDP.06.07 Describe protections given by federal credit laws.
CT.ACDP.06.08 Calculate interest and finance charges.
CT.ADCP.06.09 Analyze options for resolving credit problems.
CT.ACDP.06.10 Explain techniques and practices to protect against identity theft.
CT.ADCP.06.11 Analyze options for resolving identity theft issues.
Assignments:
Credit Introduction- Schoology Assessment
Building Credit- Schoology Assignment or can be done as a google doc
Payment Calculator- Schoology Assignment or can be done as a google doc
Credit Reports and Scores- Schoology Assignment- students will need to make a copy
Credit T/F Amoritization- print worksheet or can be done as a Schoology Assignment
Student Credit Cards- Schoology Assignment or can be done as a google doc
Read a Credit Card Statement- Schoology Assessment
Identity Theft- Schoology Assignment- students will need to make a copy
Credit Clash Game- Next Gen Arcade Link
Credit Quiz- Schoology Assessment
Various Resources in the Schoology Blueprint
Financial Literacy Post-Assessment - Schoology Assessment