Debt

Intended use: teacher information resource Resource attachment:** []
 * Title of Resource: Breaking Free from Debt**
 * Location of resource:** Focus on the family website
 * Creator of resource:** Crown Financial Ministries
 * Description of resource:** This site list several reasons why debt is dangerous. It is a Christian based site so caution is advised on how some things are shared with the class but very valuable information is included pertaining to debt. It mentions how to control debt, why to avoid it, how to be become debt free, and how to be content with what you have.
 * Applicable TEK(s):** 103.243 (1) The student demonstrates management of individual and family resources such as finances, food, clothing, shelter, health care, recreation, transportation, time, and human capital. the student is expected to: (D) analyze the consequences of an economic decision made by individual consumer such as the decisions to provide safe and nutritious foods, clothing, housing, health care, recreation, and transportation. (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) connect mathematics to the understanding of interest including anoiding and eliminating credit card debt.
 * Resource type : web page article

Applicable TEK(s):** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt; (D) collect evidence and data related to implementing a savings program, the time value of money, and retirement planning.
 * Title of Resource:** Debt and Interest - Technology Lesson Plan
 * Location of resource:** n/a
 * Creator of resource:** Keri Sparks
 * Description of resource (2-3 sentences)
 * Resource type :** lesson plan
 * Intended use:** class activity and teacher resource
 * Resource attachment:**

T **itle of Resource:** Life and Money - Debt Intended use: teacher information resource Resource attachment: []**
 * Location of resource:** daveramsey.com
 * Creator of resource:** Dave Ramsey
 * Description of resource:** Several articles listed that deal with debt. Each article talks about why debt is bad, what to do when you are in debt and how to avoid debt.
 * Applicable TEK(s):** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt.
 * Resource type : web page articles

Resource type :** video media type="youtube" key="5Nr_nQrlRS4" height="245" width="348" []
 * Title of Resource:** In Debt We Trust: How Did We Get into This Mess?
 * Location of resource:** You Tube
 * Creator of resource:** Challenging Media
 * Description of resource:** This video talks about how we as a nation have accruded so much debt that we are dependent upon having more debt to survive. We built an economy that has built rampant consumerism as the way of our economy. Our nation thrives on credit and debt. We went from a nation of production to a nation of consumption.
 * Applicable TEK(s)** 103.243 ** (5) the student analyzes relationships between the economic system and consumer actions.
 * Intended use:** class activity, teacher information resource
 * Resource attachment:**

**Title of Resource:** Record High Consumer Debt
 * Location of resource:** You Tube
 * Creator of resource:** CBS News
 * Description of resource:** People feel as though we have an over aggressive consumer industry. More and more Americans are falling victim to their schemes. Interest rates are not always regulated so companies can charge whatever they choose.
 * Applicable TEK(s)** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt.
 * Resource type :** video
 * Intended use:** class activity, teacher information resource
 * Resource attachment:** [|**http://www.youtube.com/watch?v=2N0NHu2GJm8&feature=related**]


 * Title of Resource:** First Look: Kids Hooked on Plastic
 * Location of resource:** You Tube
 * Creator of resource:** CBS News
 * Description of resource:** Credit card companies are starting early to get children hooked on using thier credit cards. Now games such as Life are oing away with fake cash and are going to a system using fake credit cards like Visa. This gets the credit card company's brand out there so when the children are old enough they will want to use that brand of credit card.
 * Applicable TEK(s)** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt.
 * Resource type :** video
 * Intended use:** class activity, teacher information resource
 * Resource attachment:** [|**http://www.youtube.com/watch?v=q1K9D06ff0M&feature=channel**]

media type="youtube" key="1y1haHDhWzA" height="208" width="247"** [|**http://www.youtube.com/watch?v=1y1haHDhWzA&NR=1**]
 * Title of Resource:** Teaching HS and College Students How to Handle Credit Cards
 * Location of resource:** You Tube
 * Creator of resource:** Sanyika Calloway Boyce
 * Description of resource:** This video gives tips and advice to teach your children about money. It gives examples and suggestions of how to try to keep your children out of debt. It also give ideas and tips for both high school and college students. It encourages parents to preplan for college expenses before it is too late to avoid debt from poor planning.
 * Applicable TEK(s)** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt.
 * Resource type :** video
 * Intended use:** class activity, teacher information resource
 * Resource attachment:

**Title of Resource:** Debt Collection FAQs: A Guide for Consumers
 * Location of resource:** ftc.gov
 * Creator of resource:** Federal Trade Commission
 * Description of resource:** This article provides a question and answer for consumers about debt collections. It states the consumer and debt collector rights. It outlines what your rights are and what a debt collector can and cannot do.
 * Applicable TEK(s)** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt. (5) The student analyzes relationships between the economic system and consumer actions. the student is expected to: (A) analyze economic effects of laws and regulations that pertain to consumers and providers of services.
 * Resource type :** web page pdf article
 * Intended use:** teacher information resource, student resource
 * Resource attachment:** [|**http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre18.pdf**]

Location of resource You TUBE Creator of resource jackieinthebox16 Description of resource It shows how easy to get into debt. It shows ways of avoiding it. Applicable TEK(s)**  103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt. **Resource type : video Intended use: student resource Resource attachment:http://www.youtube.com/watch?v=KX-LC4NAX7Q **
 * Title of Resource Students, Avoid Debt!

media type="youtube" key="KX-LC4NAX7Q" height="201" width="321"

**Title of Resource:** Consumer Credit Counseling: Factors to Consider and What to Expect
 * Location of resource:** North Caroline Extension
 * Creator of resource:** Carolyn Bird
 * Description of resource:** This extension article is about debt management and credit counseling. It tells how to select the right type of credit ageny, why you would use them, and what agreements and responsibilities you would have.
 * Applicable TEK(s)** 103.243 (2) The student employs management of individual and family resources to meet goals across the life span of family or individual. The student is expected to: (C) Connect mathematics to the understanding of interest, including avoiding and eliminating credit card debt. (5) The student analyzes relationships between the economic system and consumer actions. the student is expected to: (A) analyze economic effects of laws and regulations that pertain to consumers and providers of services.
 * Resource type :** extension article
 * Intended use:** teacher information resource or student resource
 * Resource attachment:** []