Session 7: Credit Choices
Session Seven: Credit Choices
Session Seven: Credit Choices
Students analyze the importance of credit and the outcomes of wise and poor use of credit.
Students analyze the importance of credit and the outcomes of wise and poor use of credit.
Step 1: Watch the above video.
Step 1: Watch the above video.
Step 2: Review Session 7 Key Words and Objectives below.
Step 2: Review Session 7 Key Words and Objectives below.
Step 3: Download the My Financial Future and Debt and click on the blue button below to complete the simulation.
Step 3: Download the My Financial Future and Debt and click on the blue button below to complete the simulation.
JA_HighSchool_My_Financial_Future_and_Debt.pdfObjectives
Objectives
Students will be able to:
Students will be able to:
• Recognize the importance of credit as part of personal finances.
• Recognize the importance of credit as part of personal finances.
• Express the need to make good credit decisions to avoid costly consequences.
• Express the need to make good credit decisions to avoid costly consequences.
Session 7 Key Terms
Session 7 Key Terms
Credit: The ability to buy goods and services now but pay later.
Credit: The ability to buy goods and services now but pay later.
Debt: Money owed.
Debt: Money owed.
Interest: Payment for the use of money.
Interest: Payment for the use of money.
