1. Login daily
  2. Pay bills on-time
  3. Adjust 401(k) contribution % and bank account type, as needed
  4. Read simulation communications via email, Dashboard Alert, and push notifications
  5. Maintain their CFS reconciled
  6. Take quizzes and surveys
  7. Review pay stubs and W-2
  8. Use the Student Quick Tips to help navigate the simulation and perform common tasks
  9. Use the Knowledge Base to answer questions about the game, scoring, website navigation, etc.


IMPORTANT: At the end of every class, please email me describing how far you got today and what you learned. This will be graded periodically. Use 3-5 sentences.

MODULE 3–Payment Types

At the completion of this module you will be able to answer the following questions:

  1. What is credit, and how can it be useful to consumers?
  2. What features of a credit card do you need to research when considering a credit card?
  3. How can people make sure they are using credit cards responsibly?
  4. What is the difference between a debit card and a credit card?

Module 3 Learning Objectives:

  1. Interpret the differences in payment types, including debt cards, credit cards, pre-paid cards, cash advances, and payday loans.
  2. Understand when & when not to use different payment types.
  3. Evaluate different types of credit card fees and features.
  4. Compare credit card offers based on different scenarios.
  5. Understand how items purchased with credit can end up costing more.
  6. Understand how paying the minimum can still lead to long-term debt repayment.
  7. Use a credit card bill to answer questions about the debt repayment.


  1. FINISH: Go to Everfi and begin Module 3: TAKE NOTES…….
  2. Get the Credit Card Disclosure handout from your teacher & read it. What did you think? It is extremely difficult to understand credit card disclosures. Most adults do not take the time to read these through; however, understanding them will greatly benefit you in the future.
  3. START: Create a brochure to help fellow teenagers understand credit cards better. Read the instructions on the rubric & get started! You may use Word or Publisher to create it. Here are some additional resources:
    1. Understanding Your Statement, The Federal Reserve
    2. Credit Card Notes, Indiana Department of Finance
    3. Know Before You Owe, The Consumer Financial Protection Bureau
  4. This is part of your TEST for Module 3: In the PERSONAL FINANCE Google Doc, explain what you think is positive and/or negative about credit cards.

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