Get Out of Debt

Get Out of Debt

Worksheet • 30 min of learning

Here's how Get Out of Debt aligns with curriculum standards in Indiana. Use the filters to change the location, set of standards, and grade level.

Managing Credit and Debt

12-4.1: Analyze the costs and benefits of using various types of credit.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Get Out of Debt
12-4.1.1: Calculate the cost of borrowing a set amount of money using various types of credit.
12-4.1.2: Explain how grace periods, methods of calculating interest, and fees affect borrowing costs.
12-4.1.3: Apply systematic decision making to identify the most cost-effective option for making a major purchase.

12-4.3: Analyze methods and benefits of avoiding or correcting credit and debt problems.

Standards
Defined by Personal Financial Responsibility Course and Standards 12th Grade and align with Get Out of Debt
12-4.3.2: Describe possible consequences of excessive debt.