Episode 3 of 60 · Financial Literacy: Cash Course
Good vs. Bad Credit
Grades 6th+
Economics — American History · Government · Financial Literacy — Economics & Financial Literacy · Captions
About This Video
Credit can be a great tool, but it can also lead to problems if someone takes on too much debt, especially early on in life. In this episode of Cash Course, your middle and high school students will find out what credit is, what makes it “good” or “bad,” and how to build great credit for themselves in the future.
Standards Met in Ohio
- AMH.9-12.19.bGrades 9th, 10th, 11th, 12thDescribe life during the Great Depression.
- AMH.9-12.19.lp.gGrades 9th, 10th, 11th, 12thUnderstand that consumers can request loans from banks (credit) in which they will have to pay the money back over time with interest.
- EFL.9-12.14.lp.hGrades 9th, 10th, 11th, 12thIdentify a budget.
- EFL.9-12.21.lp.mGrades 9th, 10th, 11th, 12thIdentify credit as having possible interest costs when used.