You may use credit cards for hundreds of purchases every year Credit cards are easy to use But credit card use can spin out of control High interest rates fees penalties and outofcontrol spending may increase debt faster than your ability to pay Whether you owe a few hundred dollars or se ID: 959 Download Pdf
by . T. Current as of September 2014. U.S. household consumer debt profile:. Average credit card debt: . $15,607. . Average mortgage debt: . $153,500. . Average student loan debt: . $32,656. . In total, American consumers owe:.
Credit Card Debt Good vs. Bad Debt 12 th Grade Advisory Activity Basic Credit Card Information Credit card average interest rate: 16-17% When credit card bills are paid off within a month, no interest is paid
Outstanding money owed by consumers. Examples. Credit Card Debt. Student Loans. Mortgages. Why Is This Important?. Americans Love Debt. At the end of 2010, Americans had $1,117,000,000 in CREDIT CARD DEBT.
Agenda. Start time: ____ . Break time: ____ (10 minutes). End time: ____. . Please set phones to silent ring and answer outside of the room.. How I Feel About Credit and Debt. How do you feel about being in debt? Here are some sample statements. Check the one that is closest to your own attitude..
Tuesday, Jan 21. st. Class Overview. Intro to Credit. Story. Credit Card Debt. Consumer Credit. Dangerous Debt Practices. Credit Card Debt. Credit has become an essential financial tool and a convenience.
3% examples. Revised . April 2015. 2. Marsha A. . Goetting. . Ph.D., CFP. ®. , CFCS. Professor & Extension Family Economics Specialist. Department of Agricultural Economics & Economics. 3. Credit Cards.
What would be considered good credit?. On average how many credit cards does the average household have?. How do credit cards make money?. Video. Who are credit card companies best and worst customers?.
By Kirsten Crame & Chris Morton. Disclaimer: the opinions expressed in this presentation are those of Chris Morton and/or Kirsten Crame and are not necessarily the opinions of Crowe Horwath. . EVERYTHING YOU NEED TO KNOW ABOUT FINANCE.
Consumer Math Unit 3. What do you already know?. Do your parents have credit cards?. Do you have credit cards?. It’s safe to borrow how much?. List out all the things you already know about credit cards and credit scores!.
LESSON TWO: PERSONAL SPENDING. INTRODUCTION. DEBIT CARD. : used like cash. Linked to a checking or savings account. Paying NOW for merchandise. PAYPAL: . online payment service that can be linked to savings, checking or credit card account.
