Spending patterns change over time because of changes in income, education, the …
Spending patterns change over time because of changes in income, education, the structure of our families, and technology. The April 2018 issue of Page One Economics: Focus on Finance addresses how phone technology has changed our lives and our budgets.
Now more than ever, it’s essential that young people know how to …
Now more than ever, it’s essential that young people know how to use credit cards wisely and manage their debt, before they learn the hard way. This video features Lauren Popkoff, a teacher at Brooklyn College Academy in Brooklyn, New York. As Lauren lifts the veil off of credit, she outlines a lesson she teaches her high school students to arm them with the knowledge they need to make wise financial decisions. In this lesson, Lauren presents the advantages and disadvantages of credit, compares credit card offers with her students, discusses ways to establish credit, and highlights the credit card act of 2009.
You have probably seen credit cards in use, or maybe even have …
You have probably seen credit cards in use, or maybe even have one yourself. But do you really know how they work? Read on to learn more about credit cards, why you might want one, and what you should consider before applying.
Episode 1 of the Continuing Feducation Video Series, Understanding How a FICO …
Episode 1 of the Continuing Feducation Video Series, Understanding How a FICO Credit Score is Determined, provides a short overview of credit scores—how they are determined and why they are important.
Students participate in a banking role play in which they portray roles …
Students participate in a banking role play in which they portray roles based on characters in the book Worth! by A. LaFaye. The students learn about banking, profit, risk, and reward. Students discuss some of the factors that affect loan interest rates and the availability of credit. Students apply their knowledge of the content by writing a fictional applicant a letter of acceptance or rejection.
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