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Lessons on Concept 'Credit' for 9-12

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Cards, Cars, and Currency: Lesson 2-Credit Cards / Lesson 4-Interest / Lesson 5-Savings
Grade 9-12 / St Louis Fed: Students participate in a discussion of the general features of a $1 bill. They learn that although currency is valued, people often “throw currency away” as a result of poor financial decisions and the lack of financial knowledge. Following the discussion, the students play a game in which they attempt to “keep the currency,” working in pairs to answer 20 true-or-false questions about credit cards, debit cards and purchasing a car. From this game, which serves as a pretest for subsequent lessons, the students learn that financial literacy is important in keeping currency.

Consumer Credit: Buy Now, Pay Later, and More.
Grade 9-12 / Lesson 10, Personal Decision Making: Focus on Economics. Copyright ©1996, (PDF Format) Council for Economic Education, New York, NY 10036. Used with permission.