Managing Credit

Managing Credit

Article • 15 min of learning

Here's how Managing Credit aligns with curriculum standards in Rhode Island. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Jump$tart National Standards in 2022 4th Grade and align with Managing Credit
4-1a: Explain why a person who borrows $100 to buy something, often must pay back more than $100 at a future date.
4-2a: Identify goods and services that people often purchase with credit.
4-3a: Explain why a person might prefer to lend an item or money to one person over another.
4-1b: Describe the reasons why businesses and individuals sometimes lend money to others.
4-2b: Discuss reasons people may prefer to buy something with credit rather than paying cash.
4-3b: Discuss why a person might be reluctant to lend money or personal possessions to someone who has a history of not repaying previous loans.
4-6b: Compare the effects of using debit versus credit cards to make purchases.