Independent Living Program - Florida's Center for Child Welfare

BANKING AND CREDITLearning Goals Expectations Activities42. Knows and understandshow credit cards work.a. Explain the differences between credit cards,charge cards, debit cards, and the related fees.b. Describe the good and bad points of eachcard.I Can Do It, Using Banks, p. 11-13.I’m Getting Ready, Different Ways to Pay Your Bills, M-11.I Know Where I am Going, Part II, C. 2, p. 24-25.Life Skills Activities for Secondary, IV-18, Credit Cards, p.249-250.Making It on Your Own, How a Credit Card Works, p. 46.Making It on Your Own, Not All Credit Cards Are the Same,p. 47.Making It on Your Own, Know Credit Card Terms, p. 47.Money Pals, Part I, C. 4, Taking It to the Bank, p. 36-44.PAYA, Module 1, Understanding Credit and Charge Cards, p.89-92.Ready, Set, Fly! Banking #5.American Express –http://www10.americanexpress.com/sif/cda/page/0,1641,639,00.aspBanking on Our Future –http://www.bankingonourfuture.org/master.cfm/main/homePractical Money Skills –http://www.practicalmoneyskills.com/english/at_home/consu43. Knows and understandsthe importance ofdeveloping andmaintaining a soundcredit history and creditrating.a. Explain what a “credit history” and a “creditrating” are and how they are related andtracked.b. Describe how to develop a sound credit rating.c. Describe how to find out about one’s creditrating.d. Describe how your credit history impacts yourability to make major purchases (e.g., car,house).mers/banking/American Express, Credit Cave –http://www10.americanexpress.com/sif/cda/page/0,1641,639,00.aspMoney Central, Your Credit Rating -http://www.moneycentral.msn.com/content/collegeandfamily/moneyinyour20s/p36954.aspPractical Money Skills -http://www.practicalmoneyskills.com/english/at_home/consumers/banking/Life Skills Guidebook 98©2004 by Casey Family Programs.