Credit Card Options Worksheet 18. Annual Credit Report Request Form 19. Resources The Personal Financial Workbook is a tool that you can use to organize your finances and gain an understanding Education Medical Savings Gifts Total Monthly Expenses - Net Income • FEFE is housed in the Norton School of Family & Consumer Sciences - Take Charge America Institute for Consumer Financial Education and Research. TAKE CHARGE AMERICA I - Correct: Understanding a Credit Card Incorrect: Credit cards Stand-Alone Lessons; Unit Lessons; Complete Curriculum; Stand alone - we have everything from 60 minute workshop based lessons, to multi-day lessons, to project based lessons getting students out in their community providing financial education. Unit lessons - vary greatly from 1 - 12 weeks. Complete curriculum - has over 100 lesson plans Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Comparison Shopping for a Credit Card Essay Name_____ Date _____ Directions: Write a one page essay explaining why the credit card is the best choice and why, explain the decision making test your credit knowledge . answer key. In the space provided, write the letter of the type of credit each statement represents. a) Single payment credit b) Installment credit c) Revolving credit . 13. b . 14. a. Monthly telephone bill 15. a. Monthly heating bill 16. c. Using a credit card to buy a new jacket from a department store and then Family Economics and Financial Education Credit Advanced ADVANTAGES • Convenient • Useful for emergencies • Often required to hold a reservation • Able to purchase "big ticket" items • Protection against fraud • Establish a good credit rating • Online shopping is safer than using a debit card DISADVANTAGES ©Family Economics & Financial Education—Revised April 2010—Credit Unit—Understanding Credit Reports—Page 4 Funded by a grant from Take Charge America, Inc. to the Norton