I’m a graduate.
Give me some credit!
Parent Involvement
Grade 12
PAY IT OFF
CREDIT CARD BALANCE $_____________
CREDIT CARD INTEREST RATE _________%
MONTHLY PAYMENT $___________
(10% of balance is the minimum
allowed)
TOTAL NUMBER OF MONTHS TO PAY IT OFF
_________________
Now, double your monthly payment to $__________________
TOTAL NUMBER OF MONTHS TO PAY IT OFF
_________________
Think about the items you charged. Would you still have
them and be using them when you paid the card off?
What does this say to you about credit card use?