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This project prompts students to read and comprehend credit card offers and evaluate the consequences of paying only the minimum payment versus budgeting for regular payoff amounts.
Although physical paper credit card offers are recommended, this project contains links to digital options.
What's included -
The two-sided worksheet guides students through reading and comprehending credit card offers. After "shopping" with their cards, they calculate the cost and duration of repaying their debt. A comprehensive explanation of the project is included.
Student independent work takes about 90 minutes and can be enriched with discussion.