Warm Up: Will you apply for a credit card when you can? Why or why not? Is there a special circumstance that would prompt you to apply for a credit card?
Credit Card Activity
Choose a credit card for yourself: American Express, Discover, Visa, Master Card.
Which card did you choose? You may not choose a zero interest card!
Compound interest activity
You now have credit card debt! Is it for a large purchase or a trip?
Warm Up: What are some ways you can be responsible with owning a credit card?
Finish compound interest activity.
Watch the Credit Hangover Video.
Answer the following questions in pairs.
Warm up: Have you had an opportunity to use something you have learned in class for a real life situation? What has been the most relevant thing you have learned so far?
Warm Up: What is the coolest thing you think you will do by the time you are 25? A goal you expect to accomplish or a bucket list item completed.
FICO and credit card activity
What is a FICO score and why is it important? Watch this video if you did not see it in class.
Take the credit score quiz and see how well you do. Record your score in your journal,
Check out the daily work and warm ups if you miss class and please make up the work! I want you all to succeed. I will accept late work for two weeks after it is due. Check in with me if something comes up!