Day 21

Lesson Objectives

  1. Identify the costs of using various types of credit.

Assignment 4.I.1

  1. ​Within your Personal Finance folder, create a new folder titled Unit 2.
  2. Inside of your Unit 2 folder, create a new folder titled Chapter 4.  Everything you complete for Chapter 4 will be stored within this folder.

Assignment 4.I.2

  1. Read each of these statements and mark whether you agree or disagree.

Assignment 4.1.1

  1. Watch Video 1.1
  2. As you watch the video, record the missing words from pages 76-77 of the Chapter 4 Textbook as they pop up on the left side of the video screen by filling in this form.  (pages 76-77) .
  3. Discussion Questions:
    1. Does viewing debt as a product instead of a service, reward, or privilege change your overall perspective on credit cards?
    2. Describe some of the powerful marketing tactics used by the credit card industry?

Assignment 4.1.2

  1. Read this article.
  2. Using Google Drawing, create a public service announcement about the emotional effects that debt has on young adults.  Name the file Public Service Announcement-(Your Initials).  Remember that the goal of a public service announcement is to get your audience to take action, so think about who your target audience is and find a creative way to grab their attention.

Assignment 4.1.3

  1. Make a copy of this Google Document.
  2. Rename the file to Personal Finance Journal-C4-(Your Initials).
  3. Move this file into your Chapter 4 folder in your Google Drive.
  4. Fill out the first two rows of the table.