Northeast Minnesota Virtual Industry Tour Classroom Lesson Plan
Finance/Banking: Using Credit Wisely
GRADE LEVEL: 9-12
ACADEMIC SUBJECT(S) MOST APPROPRIATE FOR ACTIVITY:
Personal Finance
SOURCE ORGANIZATION:
Practical Money Skills
TIME TO COMPLETE: 70 Minutes
DESCRIPTION:
In this lesson, students will discuss the concept of credit and how it can be used responsibly, learn different components of credit cards, review elements of a credit score and research consumer credit laws.
OBJECTIVES
Students will:
- understand the elements of credit
- evaluate how use of credit influences credit scores
- explore major consumer credit laws
SUPPLEMENTARY VIDEO:
Provided by a joint venture between JET, True North Stars Perkins Consortium, IRRRB, and Story North Productions to be used with the Northeast Minnesota Virtual Industry Tour Project, Finance/Banking Sector.
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