Lessons from the Front Lines: Credit Abuse Resistance Education (CARE)

Most teens treat credit as a "someday" problem, something for their "old" future selves. A bankruptcy attorney and a credit-scoring expert see exactly where that thinking leads. In this NGPF podcast episode Yanely has a conversation with CARE Chicago volunteers Gene Volchek and Jeff Schwartz, who share what thousands of classroom visits have taught them. From the misconceptions that trip students up most, and the analogies that finally make credit click (your adult report card, the three C's, the $1,000 laptop that costs $2,700), to how to teach this before the first card, not after the first mistake. If you teach personal finance, you'll leave with stories and strategies you can use in classroom right away!