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Should I Use Cash or Credit?
Source: Council for Economic Education (EconEdLink) | Type: Lesson

To use or not to use credit for a major purchase is an important decision. There is a nifty process in making such decisions-one that has been useful to many young people. They have used it not only for credit decisions but also for other major decisions, such as whether or not to take a particular job or what college to attend. In this lesson, we will look at this process and help you apply it. We'll also look at the pros and cons for using credit.

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Reviews

Great timely subject    April 14, 2010
By: Hague, L
This is a great lesson for high school students. This will make them think before spending that money.
 

Review from EconEdLink.org October 19, 2006
By: Dr. Skinner
This section gave me a lot a great information about credit and the usage of credit cards.
 

Review from EconEdLink.org March 27, 2009
By: E. Buzgon
This lesson is great! It is very clear and gives me some other ideas that I can use so that the students can understand credit and opportunity costs.
 

Review from EconEdLink.org June 3, 2009
By: M Bahr
This is great information...to use as a teaching tool or to teach yourself a lesson!