Credit- What is it?
Today was my second time teaching at Washington Irving High School. Before the class started, we had students walking in and walking right out of the classroom. I heard one student say “Oh, today is Wednesday. I forgot,” and did not sound happy to be there- I didn’t think we were that boring last Wednesday. When the bell rang, we started discussing credit. As the class went some students seemed to become more interested and asked questions while others had their eyes half-opened and close to falling asleep. I spoke about the important credit terms and the important things to look for when opening a credit card- low APR, no annual fee, high and competitive rewards and longer grace period. I stressed about the low minimum balance and that even though it looks appealing at first, in the end you end up paying a lot more than you borrowed. When I signed up for Cents Ability, I was nervous about keeping the students engaged and I think that we are doing a better job than I expected. Hopefully, in the upcoming lessons we can make everyone enthusiastic about Finance, even the students who were half-asleep today.
One response so far
Such an important topic! I’d like to think that even the sleepy students might think back to your presentation someday when they see a credit card offer and think about the important tips you shared!