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Pennsylvania State Credit Union Tools - Pennsylvania State Credit Union

Grades
6 to 12
1 Favorites 0  Comments
This site has a multitude of financial calculators such as car payment calculators, credit and/or debt calculators, and mortgage calculators. There are also planning tools to use for...more
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This site has a multitude of financial calculators such as car payment calculators, credit and/or debt calculators, and mortgage calculators. There are also planning tools to use for general budgeting, paycheck planning, and even retirement. It is part of the PA state credit union members site; however it is completely free of charge. There are a few links to apply for a loan through the credit union but they are not obtrusive.

tag(s): calculators (37)

In the Classroom

This would be useful for real world projects such as planning a new business, purchasing a car, planning retirement (what happens if they start to save $50 per month at age 14), or buying a home. Share this site on your interactive whiteboard or projector. Then have students choose a real life scenario either alone, with a partner, or in cooperative learning groups. Some examples of real life scenarios could be buying a car and calculating payments, buying your first home, using a credit card and how much you are REALLY spending, planning for retirement, or general savings (for a vacation, perhaps). The site has unlimited potential for interdisciplinary use like land management planning (loaning money) or family consumer budgeting projects. Once the calculations are completed have students share their findings by creating an online poster using a tool such as Web Poster Wizard (reviewed here). Share this link on your class web page or wiki as students begin real-world projects and real-life experiences.

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