10. Knows and understands Explain the differences between credit cards, charge I Can Do It, Using Banks, p. 11-13. how credit cards work. cards, debit cards, and the related fees. I’m Getting Ready, Different Ways to Pay Your Bills, M-11. Describe the good and bad points of each card. I Know Where I am Going, Part II, C. 2, p. 24-25. #page=92 Ready, Set, Fly! Banking #5. Banking on Our Future – Practical Money Skills – 11. and understands the Explain what a history” and a rating or Practical Skills - “credit “credit importance of developing and score” are and how they are related and tracked. maintaining a sound credit Describe how to develop a good credit score. history and credit rating. Describe how to find out one’s credit score. Describe how your credit history impacts your ability to make major purchases (e.g., car, house). 12. Can identify at least one Identify at least one supportive adult who may wish to Permanency Pact adult who can provide money discuss up front their comfort level in supplying management support financial assistance. Emergency Cash Identify at least one supportive adult who can assist Bills and Money Management Assistance with sorting bills and managing a checkbook Identify at least one supportive adult who can assist the youth in understanding how to maintain and obtain credit, deciphering loan applications, and budgeting. Housing Your Goals Steps to Get There Helpful Resources 1. Knows and understands the Identify two of housing options (e.g., apartments, I Can Do It! Finding My Own Place, p. 32. kinds of housing available in rooms for rent, houses, mobile homes, public or low #page=7 one’s community. income housing). Ready, Set, Fly! Housing #8. Compare each housing option against one’s personal needs and financial resources. 2. Knows how to search for an Define the terms most commonly used in a housing I Can Do It! Finding My Own Place, p. 33, 34. apartment or other housing search (e.g., lease, sublet, studio, security deposit, #page=24-25 option. tenant, landlord).
10. Knows and understands how credit cards work. Explain the differences between credit cards, charge cards, debit cards, and the related fees. Describe the good and bad points of each card. I Can Do It, Using Banks, p. 11-13. I’m Getting Ready, Different Ways to Pay Your Bills, M-11. I Know Where I am Going, Part II, C. 2, p. 24-25. #page=92 Ready, Set, Fly! Banking #5. Banking on Our Future – Practical Money Skills – 11. and understands the importance of developing and maintaining a sound credit history and credit rating. Explain what a “credit history” and a “credit rating or score” are and how they are related and tracked. Describe how to develop a good credit score. Describe how to find out one’s credit score. Describe how your credit history impacts your ability to make major purchases (e.g., car, house). Practical Skills - 12. Can identify at least one adult who can provide money management support Identify at least one supportive adult who may wish to discuss up front their comfort level in supplying financial assistance. Identify at least one supportive adult who can assist with sorting bills and managing a checkbook Identify at least one supportive adult who can assist the youth in understanding how to maintain and obtain credit, deciphering loan applications, and budgeting. Permanency Pact Emergency Cash Bills and Money Management Assistance Housing Your Goals Steps to Get There Helpful Resources 1. Knows and understands the kinds of housing available in one’s community. Identify two of housing options (e.g., apartments, rooms for rent, houses, mobile homes, public or low income housing). Compare each housing option against one’s personal needs and financial resources. I Can Do It! Finding My Own Place, p. 32. #page=7 Ready, Set, Fly! Housing #8. 2. Knows how to search for an apartment or other housing option. Define the terms most commonly used in a housing search (e.g., lease, sublet, studio, security deposit, tenant, landlord). I Can Do It! Finding My Own Place, p. 33, 34. #page=24-25
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