Showing posts with label Credit Cards. Show all posts
Showing posts with label Credit Cards. Show all posts

Tuesday, June 9, 2015

A Short Lesson on Credit Cards

My local newspaper and my Facebook feed are filled with pictures of fresh high school graduates and the names of the colleges that they will be attending in the fall. When those students get to campus in the fall offers from credit card companies will be one of the first things to greet them in their campus mailboxes.  Unfortunately, a lot of students don't understand just how quickly they can rack-up huge debts with these credit cards. The following videos are worth sharing with students before they apply for their first credit cards.

Credit Card Responsibility from Common Craft explains how credit cards work and how you can avoid getting into trouble with them.



Credit Card Debt Explained With a Glass of Water shows students how long it can take to pay off a credit card debt if they only make the minimum payments every month.

Sunday, September 29, 2013

America's Credit History and a Credit Card Debt Story

Earlier this week I was having a conversation with a friend of mine when somehow our conversation turned to the topic of credit cards. She wondered when credit cards became so prevalent in the U.S. I knew that I had seen a video about the history of credit cards at one point. This morning I found it. Here's America's Credit History produced by CBS News.


Earlier this month I shared a couple of videos to educate students about credit card debt. Here is another one to share with high school and college students.


Applications for Education
America's Credit History could be a good resource to use as part of lesson on the U.S. economy.
The student's credit card debt story is a good cautionary tale for students. One of the first challenges that new college students encounter is the temptation to register for credit cards offered to students. Unfortunately, a lot of students don't understand just how quickly they can rack-up huge debts with these credit cards. Education can be the best prevention when it comes to debt.

Monday, September 2, 2013

Credit Card Responsibility & Debt - Share This With Your College Students

One of the first challenges that new college students encounter is the temptation to register for credit cards offered to students. Unfortunately, a lot of students don't understand just how quickly they can rack-up huge debts with these credit cards. Education can be the best prevention when it comes to debt. The following videos are worth sharing with new college students.

Credit Card Responsibility from Common Craft explains how credit cards work and how you can avoid getting into trouble with them.


Credit Card Debt Explained With a Glass of Water shows students how long it can take to pay off a credit card debt if they only make the minimum payments every month.