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
Young Entrepreneurs: iWEAR
Lessons in Credit & Debt
Lesson
Debt: The Good, The Bad & The Ugly
What Students Learn
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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.
Lesson
How Credit Affects Your Life
What Students Learn
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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.
Lesson
Cash and Credit
What Students Learn
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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
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Don’t live on borrowed time. Learn how employers, insurers, colleges, etc. use credit scores to make major decisions that affect your future.
Lesson
My First Credit Card
What Students Learn
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Biz Kid$ demystifies the process of getting a credit card, how to use it correctly, and explains terms like credit score and APR.
