Understanding Credit

Help your young consumers learn about credit and the importance of credit history. With a thorough lesson about the ins and outs of credit, as well as the potential pitfalls of having a line of credit, kids will be well-equipped to control the plastic cards in their wallets.

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Instructional Ideas

  • Use in conjunction with a personal finance or banking unit
  • Have kids tour a bank and ask the tellers and bank employees about their jobs
  • Use the list of extension activities for extra credit or curriculum ideas
Pros

  • Helpful for special education, adult education, or mainstream economics classes
  • Comes with a blank version of the assessment as well as a presentation for your classroom
Cons

  • None