inside the meltdown
ADDITIONAL LESSON IDEA: “Credit Cards and Borrowing”
Understanding how credit cards work and how to responsibly make them a part of your cash management plan is important. If you pay your bill on time every month, that is a good first step. If you can keep a zero balance by paying credit cards in full every month, you can avoid being what the film The Secret History of the Credit Card calls a "deadbeat." This keeps you from paying higher interest rates.
Click the link www.pbs.org/wgbh/pages/frontline/shows/credit for eight things everyone should know about credit cards.
This American Life from Chicago Public Radio has a series of interesting podcasts concerning the credit crisis. Follow this link to hear the episode, “The Giant Pool of Money.”
Another helpful episode is “Bad Bank.”
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Featured Lesson Plan “Individual Borrowing, Mortgages and the Role of Consumers”