Credit Cards
Assets and Liabilities
What-had-happened- was
Ms. Davis
Mystery
100

The best way to maintain a high credit score is to do this....

Pay your bills on time!

100

This liability depreciates in value as soon as you get off the lot.

Car

100

Your credit score went down, you probably did this....

What had happened was, I paid my bill late.

100

This is the most common reason Ms. Davis gets annoyed with students....

They talk too much/talk when asked not to


100

This is the woman who was recently defeated for president of the United States.

Kamala Harris

200

Credit card companies make money when they charge this, in exchange for the use of their money.

Interest

200

A liability is......

Something that takes money away from you.

200

The bank refunded the money charged to your credit card....

What had happened was my credit card was stolen.

200

This is Ms. Davis's B-day month

March

200

This singer is the most nominated artist in Grammy history with 99 total nominations. 

Beyonce

300

Name 3 credit card companies

Mastercard

Visa

American Express

300

What are 3 examples of assets

Gold/Precious Metals

Money/cash

House/Land

300

When I turned 18, I started off with a credit score of 750....

What had happened was, I asked my grandma to put me down as an authorized user on her credit card.

300

This is the sport that Ms. Davis coached last year and went undefeated as a team.

Volleyball

300

This is the country that most, if not all of us live in.

Onondaga County

400

Name 2 differences between a credit card and a debit card.

Debit cards are linked to checking accounts

You have to pay back the money with credit cards

Credit cards are more secure

Debit cards use your own money

Credit Cards use money from banks

400

Name 6 liabilities

Car

Clothes

Sneakers from the mall

Tissue

TV

Food

400

My supervisor told me they thought I was very professional because I always do these 3 things...

What had happened was I:

Came to work on time

Did my job/career correctly

Dressed well/professionally

Worked well with others

Went above and beyond

400

Name 3 subjects, Ms. Davis has taught.

CTE

Social Studies

Science

Performing Arts

ELA

400

If Ms. Davis was an animal she would be this tall animal that roams the savannahs in Africa.

Giraffe

500

What is the highest and lowest credit score you can have AND.......at what score can you officially say, you have good credit?

Highest = 850

Lowest = 300

Good Credit = 700

500

Explain how liabilities can contribute to the cycle of poverty?

Buying too many liabilities can result in having less money saved, which might lead to continuously living in an impoverished state.
500

Ms. Davis told me to go on the other side of the door (get out) because....

I kept talking when she told me not to.

500

This is the year Ms. Davis was born.

1979 (I-AM-NOT-OLD) CLOSE YOUR MOUTH!!!

500

Name 6 careers you have to attend college to enter

Teacher

Doctor

Lawyer

Counselor

Psychiatrist

Principal