Tuesday, April 12, 2016

Day 52: Credit vs. Debit Video 2.5 / 2.6

Bellwork:
  • Budget Challenge
  • EverFi

Intro to Debt:
  • Watch Video 2.5 "Dubunking the Credit Myths"
    • take notes as you watch (pretend you're the teacher)
  • Answer these questions:
    • What is the major differences and similarities between a debit card and a credit card?
      • debt
      • protection
      • spending
      • rewards
    • Who is the #1 target for credit card companies and why?
      • What is brand loyalty?
      • What is kiddie branding?
  • Watch Video 2.6 "Dubunking the Credit Myths"
    • take notes as you watch (pretend you're the teacher)
  • Answer these questions:
    • Of those who dropout, why do most college students drop out of school?
    • What is the #1 key to building wealth?
    • What do you get if you have no debt and no debt payments?

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