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.
Closeup image of women with silky hair
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.