What are some of the financial risks associated with using credit? Pupils learn the warning signs of incurring financial hardship, and through PowerPoint presentations, worksheets, and discussion, discover the implications of such events as filing bankruptcy or using "credit repair" companies.

Concepts

bankruptcy, credit cards, credit, financial literacy, personal finance, financial crises

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Additional Tags

math

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Instructional Ideas

• Several suggested hands-on, inquiry-based activities are included in the right-hand sidebar. Consider focusing on only one or two of these to carry out, and providing supplemental materials and instruction for support

Classroom Considerations

• Accessing the PowerPoint presentation will require free online registration on publisher's website
• Much of the information may feel irrelevant for the designated age group, making the lesson perhaps more appropriate for older pupils

Pros

• All materials provided, including student reference sheet to accompany PowerPoint presentation

Cons

• None

Common Core

RI.7.4 RI.8.4 RI.9-10.4 RI.11-12.4