Credit & Debt — Lesson 205

How Credit Affects Your Life

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

What Students Learn

  • What is your credit score?
  • How bad credit can make you go bankrupt
  • Steps to build good credit

Suggested Time

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

Lessons in Credit & Debt

Episode 402

Debt: The Good, The Bad & The Ugly

It’s easy to spend more than you make with credit cards. Learn to avoid the pitfalls of overspending by keeping a spending journal, sticking to a budget, and living a cash existence. Meet the owner...
Episode 205

How Credit Affects Your Life

Did you know your credit score could impact whether or not you get into college, get a job, or even rent an apartment? Join the Biz Kids, and you’ll learn about building good credit and how the...
Episode 109

Cash and Credit

What's the difference between cash and credit?  The Biz Kid$ explain the pros and cons to using your own money versus someone else's.  Meet a young entrepreneur who used credit to start a bath salts...
Episode 115

Using Your Credit

Don’t live on borrowed time. Join the Biz Kid$ and you’ll see the true cost of purchasing with credit. You’ll also have an unsettling look at credit scores and the increasing number of people...
Episode 603

My First Credit Card

Your first credit card -- manage it right and it could lead to a world of possibilities. Get it wrong and it will mean years of regret. Biz Kid$ demystifies the process of getting a credit card, how...