4.2 Young People & Credit Cards
Interactive Video
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Hard
+6
Standards-aligned
THERESA DEACON
FREE Resource
30 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
SLIDE QUESTION
30 sec • Ungraded
3.
SLIDE QUESTION
30 sec • Ungraded
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Do you think it’s a good idea for high school students to have a credit card? What about college students? Adults? Explain why you feel this way.
Do you think it’s a good idea for high school students to have a credit card? What about college students? Adults? Explain why you feel this way.
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5.
SLIDE QUESTION
30 sec • Ungraded
6.
SLIDE QUESTION
30 sec • Ungraded
7.
CATEGORIZE QUESTION
3 mins • 1 pt
Watch this video and use this 3-column chart to record important details about each type of card.
Watch this video and use this 3-column chart to record important details about each type of card.
Groups:
(a) Debit Card
,
(b) Credit Card
,
(c) Prepaid Debit Card
Accessible-open to anyone
Charges interest on Balances
Many fees
If lost or stolen, can't be sed to access financial accounts
Can lead to excessive debt
Protected by Federal Law
Helps Build Credit Scores
Spedning limit is set by how much is in your checking account
Protected by Federal La
Rewards program
Spending limits is set by how much money is preloaded onto the card
Great for travel
Overdraft fees
Can be used at ATMs
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