Advantages & Disadvantages of Different Payment Methods
T.I.P.S.
Students must be able to identify advantages and disadvantages of various forms of payment. Payment forms may include cash, checks, credit cards, debit cards, and electronic payments.
Example
Make a list of advantages and disadvantages of making payments with cash, checks, credit cards, debit cards, and electronically.
Digital Tools
Click on the following links for interactive games.Resources
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Federal Reserve System’s Resources for Educators
Teacher Online Resource Center
TEKS
STAAR Not Eligible 5.10 Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to: (C) identify the advantages and disadvantages of different methods of payment, including check, credit card, debit card, and electronic paymentsFeedback
