Issue 4 credit

If you don't pay the full​ (a)   on your card each month you will have to pay​ (b)   .

• balance
• interest
• fee
• credit
• debt

Late payment​ (a)   create more (b)   .

• fees
• debt
• balance
• credit
• interest

Having good ​ (a)   may help you secure a good loan for a house or a car.

• credit
• balance
• interest
• fees
• debt

What are the most common mistakes people do with credit cards?

• impulse buying on credit

• making late payments

• having several high interest cards

• all of the above

Match the following

• income

• College loans usually have a low _____.

• debt

• I plan to work as a life guard to earn extra ____ next summer.

• balance

• Many people use ____ to make large purchases, such as furniture.

• interest

• I gave my sister $20 to repay the ___ when she did me a favor.

• credit

• One I pay off the ___on my card I will be able to start saving again.

When their company went ____________, they laid off all their employees.

Most airlines charge an extra _____ to check bags, except Southwest.

My part-time job has brought me some _____ success.

"pay yourself first" by making smart _________.

Should our school offer financial literacy classes to help teens make smart money moves?

• yes

• no