Teaching Foundations of
Literacy
To raise public awareness of the growing financial problems that
our young people are facing, the United States Senate designated
April of 2003 to be "Financial Literacy for Youth Month" (S.RES.48).
The Senate Resolution lists some sobering statistics:
- Consumer bankruptcies increased 19 percent in 2001, from the
year prior.
- Foreclosures have reached the highest rate in 30 years.
- 83 percent of college students have at least one credit card.
- 45% of college students are in credit card debt, with an average
balance of $3,066.
Teaching a lesson on budgets that
hits home
Teachers,
don't over look teaching your students how to write checks.
Houses
at half price! Us Government grant available for teachers!
Are you a credit risk?
Did you know that your credit score tells a bank or credit card company how
risky you are? Do you know what your score is?
A credit score is a risk management tool used by financial institutions used
before giving you a loan or extending credit. The higher your credit score
offers a better chance that you will pay your debts. Higher scores often result
in lower interest rates for auto, home loans and credit cards.
7 Tips to
improve your credit rating
