Lessons » Lesson 3: Credit Concepts

Click on a level (Beginner, Intermediate, Advanced) to view the lessons available.

Teaching Your Preschooler About Money

(Source: Thrive By Five)

Teach your preschooler the basic lessons about money with the Credit Union National Association’s Thrive by Five curriculum.

Four Dollars and Fifty Cents

(Source: Money Management International)

In this lesson for grades Pre K-3 from Money Management International, students use the book Four Dollars and Fifty Cents by Eric A. Kimmel to discover ways that creditors can obtain payment from reluctant debtors.

The book, Four Dollars and Fifty Cents, may be available at your local bookstore, public library, or at Amazon.com.

Mr. Popper's Penguins

(Source: Money Management International)

This lesson for grades 4-6 from Money Management International addresses the issue of credit, focusing on the importance of wise credit decisions, the risks lenders face, the role of interest or finance charges, and the credit user's responsibility to repay. Students read Mr. Popper's Penguins by Richard and Florence Atwater, discuss the use of credit in the story, and then play a game that demonstrates the importance of using credit responsibly.

The Book, Mr. Popper's Penguins, may be available at your local bookstore, public library, or at Amazon.com.

Junior Achievement's Economics for Success

(Source: JA Economics for Success)

JA Economics for Success explores personal finance and students’ education and career options based on their skills, interests, and values. It also demonstrates the economic benefits of staying in school. Six required, volunteer-led activities.

Read details about JA Economics for Success

Watch a video about the JA program

Find a JA offfice near you

Not for a Billion Gazillion Dollars

Source: Money Management International

This lesson for grades 4-6, from Money Management International, addresses the advantages and disadvantages of using credit. Students read Not for a Billion Gazillion Dollars by Paula Danzinger, discuss the use of credit in the story, and then complete a role-playing activity that requires them to analyze and grant a credit request.

Blue Bullet BizKid$ Curriculum

Teachers, parents, credit union staff and volunteers can use the financial education curriculum below. The online curriculum includes instructions on how to teach Biz Kid$ lessons to children. Five core Biz Kid$ lesson plans in expanded formats in both English and Spanish are available. The curriculum can be downloaded, unzipped, and then burned to CD for distribution.

 

Good Debt, Bad Debt: Using Credit Wisely

(Source: NEFE Unit 4)

Designed for teens and new graduates, this lesson plan teaches older teens about the benefits and pitfalls of credit cards and loans.

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90% of Americans who own pets also buy their animals Christmas gifts.

According to a poll, most people won't pick up money lying on the sidewalk unless it is at least a dollar.

Five percent of lottery ticket buyers buy 51% of all tickets sold.

People leave bigger tips on sunny days than they do on dreary days.

A typical $1 bill lasts about 22 months before it needs to be replaced.

The Bureau of Engraving and Printing produces 38 million notes a day (about $541 million). 95% of that is used to replace old bills.

About 48% of the bills printed by the Bureau of Engraving and Printing are $1 bills.

Martha Washington is the only woman whose portrait has appeared on a U.S. currency note (a $1 Silver Certificate in 1886, 1891 & 1896).

If you had one billion dollars and spent $1,000 a day, it would take you 2,749 years to spend it all.

A Quarter has 119 grooves on its edge, one more than a dime.

There is a tiny "spider" hidden in the top right corner on the front of a one dollar bill (on the shield of the "1").

"Novus Ordo Seclorum" - the Latin phrase shown below the pyramid on the one dollar bill - means "New Order of The Ages".

Coins usually survive in circulation for about 30 years.

A nickel is the only U.S. coin that is called by its metal content, even though it is only 25 percent nickel (the rest is copper).