Credit & Debt — Lesson 115

Using Your Credit

The students act as moneylenders by being given different scenarios and characters, and having to decide whether or not to lend money.

What Students Learn

  • What is credit?
  • How will credit (good or bad) affect your life?
  • What is a credit score, and how to keep it high

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30 minutes

Lessons in Credit & Debt

Portrait of a man something in mouth
Lesson

Debt: The Good, The Bad & The Ugly

What Students Learn

  • It’s easy to spend more than you make. Learn how to avoid the pitfalls of overspending and meet a few entrepreneurs who didn’t.
Couple talking to each other at garden
Lesson

How Credit Affects Your Life

What Students Learn

  • Your credit score could impact getting into college, landing a job, or renting an apartment. Learn how to build good credit and what happens when you don’t.
Two anchors at Biz Kids show
Lesson

Cash and Credit

What Students Learn

  • What's the difference between cash and credit? Learn the pros and cons to using your own money versus someone else's.
Lesson

Using Your Credit

What Students Learn

  • Don’t live on borrowed time. Learn how employers, insurers, colleges, etc. use credit scores to make major decisions that affect your future.
Half face of a woman
Lesson

My First Credit Card

What Students Learn

  • Biz Kid$ demystifies the process of getting a credit card, how to use it correctly, and explains terms like credit score and APR.