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PSA Video: Spend Money You Don't Have

Spend Money You Don't Have

This video cautions people to read the fine print on promotional credit card offers. Consider pairing the video with classroom discussion questions and a scenario activity about a young person’s use of credit from the “It’s Your Paycheck” curriculum.

Watch the “Spend Money You Don't Have” video

Classroom Discussion Questions

  • What choice does the main character face?
  • Does the TV really cost nothing? Explain.
  • Why is the main character paying 30% interest?
  • If you were the main character, what would you do differently?

Accompanying Activity

CEE National Standards for Financial Literacy

  • Standard 2: Buying Goods and Services
  • Standard 4: Using Credit

Additional Federal Reserve Education Materials