This assignment was to help us to understand how credit cards work. My group was assigned to look at the differences in credit cards; finding the pros and cons.
Which 21st Century Skill do you feel this assignment addresses, and why?
The 21st century skill that I feel this assignment addresses is financial, economic and business literacy because we were challenged to understand how to properly use a credit card and how that affects you in the long run. During this project there were many presentations that discussed smart financial choices such as credit score, how to build credit, rule of 72 and etc.
What are you most proud of from this assignment, and what was most difficult about completing this task?
I am most proud of how my teammate and I quickly collaborated and knew our goals for this project and finished quite quickly. I loved how well we worked together to finish the task in such a short given time.
How did you develop and/or improve upon your 21st Century Skill with this assignment?
This project helped me to develop my 21st century skills because I knew nothing about credit cards and basic financial decisions that are made when you're living on your own. I grew a better understanding of how to take charge and organize your finances.
How could you improve this work? If you could start over, what would you do differently?
If I could start over I would have liked to spend more time researching the specific credit cards because then I would be more confident when presenting it to the class.
How does this relate to what you have learned in the past and how can you apply this to future learning?
This relates to what I have learned in the past by furthering some of the basic finance knowledge I already knew, but at the same time expanding it. This will help me so much in the future because know I understand credit, credit cards, and different approaches to my finances.