Unit 8: Personal Financial Literacy
Mini-Unit 3: Managing Your Money
Lesson 3: Credit Basics
Give students extra practice with credit basics using this simple and effective 3rd grade practice worksheet.
Students will:
– Compare two scenarios to learn the pros and cons of saving vs. borrowing
– Calculate interest costs and total payment amounts
– Analyze credit decisions and their effect on credit history
– Use real-world examples to explore monthly payments, debt, and responsible choices
