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x 2:47 JAIRO PER... EARN IT LTE Semester Course ngp Name: Students will be able to: 4.2 Young People & Credit Cards Student Activity Packet UNIT: TYPES OF CREDIT Enumerate the differences between debit, prepaid debit, and credit cards Identify at least 3 ways a young adult can gain access to a credit card, even before they are 21 Read a Schumer Box NOTE: Vocabulary for this unit can be found in the NGPF Persona] Finance Dictionarv INTRO PROMPT Use the space below to answer the prompt. 1. Do you think it's a good idea for high school students to have a credit card? What about college students? Adults? Explain why you feel this way. VIDEO: CQ.mpa.rin.g-Ca.rds Before you decide whether you should open a credit card, you need to understand how it differs from a debit or prepaid debit card. 1. Watch this video and use this 3-column chart to record important details about each type of card. www.ngpf.org Debit Card Credit Card Last updated: 9/6/22 Prepaid Debit Card 2. After watching the video and comparing the cards, which one of the three would be the best option for you as your day-to-day payment method? Explain why.