Responsibility: Make informed borrowing decisions and manage credit responsibly.
Critical Thinking: Evaluate different credit options and understand the long-term impact of borrowing.
Learner’s Mindset: Continuously seek knowledge about credit management and financial planning.
What are the different types of credit and loans available, and what are their characteristics?
How do credit scores work, and why are they important?
How can I compare interest rates and credit terms to make informed borrowing decisions?
Numeracy: Calculate interest rates, monthly payments, and total repayment amounts.
Analytical Skills: Compare and contrast different credit options and their terms.
Financial Planning: Develop a plan for managing credit and debt effectively.
Common Core: CCSS.Math.Content.HSF.LE.A.1 (Interpret functions that arise in applications in terms of the context)
National Standards in Financial Literacy: Standard 4: Using Credit
Experian: Credit Scores and Reports
Khan Academy: Understanding Credit
The Balance: Managing Debt
[Our Hidden Google Drive Resource link]