Teaching Standards and Learning Targets
Credit is an essential component of financial education yet too often the classroom lessons stop at spending, budgeting and saving. The Practical Living content includes consumerism-where financial topics are detailed. The CARE content is stipulated in national and Kentucky standards, as you will see below. Kentucky high schools are required to document how they…
Credit Education Lessons & Activities
Below are some lessons and activities that you can use in the classroom. Use these lessons before a presentation to get your students thinking about financial literacy, or use them afterward to keep the conversation going. We’ve also compiled a list of external websites and resources in which you may be interested.
Resources Around the Web
Current credit legislation, research and financial data are easy to find on the web. Banks, credit unions, Federal Reserves, the Kentucky Department of Financial Institutions, Kentucky JumpStart Coalition and the Kentucky Higher Education Assistance Authority all have up-to-date information that you can use in the classroom.
Here are some other financial literacy resources that you can utilize.
- It All Adds Up
- The Mint
- 360 Degrees of Financial Literacy
- Money Wise
- Debt Slapped
- Car Shopper App
CARE Booklet Pages
Some of the CARE booklet pages lend themselves to activity and student engagement. Below are a selection of these individual pages to help you focus students on the topic.
There are benefits to moving from booklet to a screen in the front of the room. You may find that students are more attentive to your presentation when they are not always looking down at the booklet. These screenshots are optional. Tailor your presentation to your style.
There are several excellent sources for videos that can be used with middle and high school students. We suggest:
- Credit and You 7 short, animated video lessons with credit lessons and activity
- The Econ Lowdown from the St. Louis Federal Reserve Bank
Financial literacy is incorporated in the Practical Living/Career Studies program, beginning at the primary level and continuing all the way through high school. It is also important to make connections between financial literacy and the economics subdomain of the social studies standards where possible and appropriate.