Day 52.5

Lesson Objectives

  • Evaluate ways that debt can negatively affect your financial future and how to overcome personal debt. 

Assignment CU5.3.1

  1. Watch Video 2.5
  2. As you watch the video, record the missing words from page 87 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 87) .
  3. Discussion Questions:
    1. Why are teens such a huge target for credit card companies?
    2. Studies show that people spend 12-18% more when using credit cards. Why is that?

Assignment CU5.3.2

  1. Obtain a partner from your teacher.
  2. Make a copy of this Hidden Costs of Credit handout, rename it Cost of Credit-(Your Initials), and move it into your Lesson 5 folder.
  3. Read the directions on the handout and complete it with your partner.