High School Financial Literacy: How to Pick a Credit Card Worksheets

This engaging high school personal financial literacy lesson will teach your students helpful life skills, and it will let them practice using their knowledge of percentages in real life scenarios. They will learn all about credit cards: interest rates, the annual fees, credit card perks, and credit limits.

How to Use:

1. Use the handout page to start the lesson with your class: teach the credit card vocabulary and information that is included.

2. Show your students the 3 sample credit cards which are listed. Let your students go over the second page while in small groups. This way they can discuss all of the benefits and drawbacks of each card.

3. Students will then calculate the perks that each credit card offers on page three. They will use percentage, decimal, and ratio & rate math skills.

4. On their own, each student can choose which one of the three credit cards they would apply for. They should use justifications from the card’s features along with their personal financial habits.

5. Students can work on the fourth page of credit card word problems for homework or in class. They will practice calculating interest payments for their credit card (if the entire balance is NOT paid off) using decimal, percent, and division math skills.

6. This lesson could be a thought-provoking discussion prompt too. Let your students talk about why credit cards can be helpful and risky based on the included scenarios.

7. A complete Answer Key is included to make marking easy.

What's Included:

Six Page PDF: Ready to Print and Use

- Teacher Instructions

- Handout: Credit Card Vocabulary and Information

- Handout: Three Realistic Credit Cards

- 2-Page Student Worksheet (math word problems and pick a card)

- Answer Key

Math Skills Required:

Students must have some grade 6 and 7 math skills: decimal operations, percentages, ratios, and rates.