Summary
Table of Contents

There is lots of flexibility with this unit. Although it may seem small, this unit allows teachers and students explore topics in greater depth in a lecture/small group discussion format, online discussions, or student led lessons. This resource covers sources of credit; advantages/disadvantages of credit; credit records,reports, & management; consequences of poor credit; and bankruptcy. The strength of this unit is the flexibility it provides for teachers and students. The structure of this unit allows for a variety of instructional stategies to be utilized.

title "Credit - Personal Finance" 2024 by David McHugh
under license"Creative Commons Attribution"

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Credit - Personal Finance

Created Feb. 6, 2024 by David McHugh, Todd Williams

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Subject:: Career and Technical Education, Business and Information Technology
Level:: High School
Material Type:: Reading, Unit of Study

Standards

WI.PFL.B.12.2.2

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Money Management

Standard: Students in Wisconsin will manage money effectively by understanding and developing financial goals and budgets.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.2.3

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.2.4

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.4.1

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.4.2

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.4.3

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.5.1

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.5.2

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.5.3

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.8.1

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.8.2

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.PFL.C.12.8.3

Wisconsin’s Model Academic Standards for Personal Financial Literacy

Grades 9-12

Learning Domain: Credit and Debt Management

Standard: Students in Wisconsin will make informed decisions about incurring debt and will manage indebtedness to remain both creditworthy and financially secure.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF1.a.6.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Explain the importance of comparison shopping.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF2.a.6.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Explain the roles of FDIC (Federal Deposit Insurance Corp.) and NCUA (National Credit Union Association).

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF2.a.7.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Explain the purpose and examine the role of the Federal Reserve System.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF2.b.7.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Compare and contrast personal financial precaution plans.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF3.b.8.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Explain how government agencies regulate financial markets.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF3.b.9.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Compare and contrast the risk, return and liquidity of various savings and investment alternatives.

Degree of Alignment: Not Rated (0 users)

WI.BIT.PF4.a.8.h

Wisconsin Standards for Business and Information Technology

Grades 9-12

Learning Domain: Personal Finance

Standard: Evaluate the difference between positive debt and negative debt.

Degree of Alignment: Not Rated (0 users)