"Breathing Without Air" - An introduction to the importance of credidt and making wise credit decisions.
Complete the worksheet as you are completing the module.
COMM NBE-COM.I (Founcations of Communication) Communicate in a clear, courteous, concise, and correct manner on personal and professional levels.
NBE-COMM.III (Technological Communication) Use technologyt to enhance the effectiveness of communication.
NBE-PF.1 (Personal Decision Making) Use a rational decision-making process as it applies to the roles of citizens, workers, and consumers.
NBE-PF.VII (Using Credit) Analyze factors tht affect the choice of credit, the cost of credit, and the legal aspects of using credit.
Knowledge Objectives
Students will be better able to:
-Indentify what a bad decision is using examples based on teenagers’ common mistakes.
-Identify the role of credit in their lives.
-Identify what mistakes can be made with poor credit decisions.
-Explain the importance of paying on time.
-Explain the dangers of “minimum payments.”
-Identify what a credit score is and identify the five factors that control credit scoring.
-Identify and comprehend higher-level credit terms such as risk-based lending.
Skills Objectives
Students will be better able to:
1. Apply the meaning of the phrase “credit is power.”
2. Analyze why reasonable people make poor decisions when it comes to their financial lives.
3. Analyze why reasonable people make poor decisions when it comes to their credit.
4. Apply the knowledge that you, the student, are in charge of the five factors that control your credit score.
5. Apply the knowledge of risk to credit and how it affects your credit score.