It's never too early to start learning about how credit works, what your credit score means and how to improve your credit score. With help from Sussex County Federal Credit Union, students from Delaware New Tech Academy are learning smart credit moves.
Delaware New Tech Academy offers students a new kind of high school education. As a "school within a school" at Seaford Senior High School, it gives students:
- A Comprehensive Academic Program
- Project Based Learning
- Daily Use of Computers and Technology in the Classroom
- Task Based Skill Sets
Sussex County Federal Credit Union teamed up with Delaware New Tech Academy to help teach students successful life skills such as financial education, money management and wise use of credit. Students learned about topics ranging from savings and budgeting, to establishing a business, to choosing the right investment as well as using credit wisely.
One of the topics discussed was money management and understanding credit. Students were taught about credit and the impact it can have on their personal and professional opportunities.
As part of the ‘Gimme Some Credit’ lesson plan, more than 60 students were tasked with creating a Public Service Announcement that would reflect their understanding of the correct way to establish credit and maintain good credit. The PSA would be developed to teach others about using credit wisely.
The PSA’s would be judged by the credit union staff, WBOC television representatives and the teacher. As added incentive to create a noteworthy public service announcement, the winning team would have professional guidance from a television producer and be able to debut their PSA on WBOC’s DelmarvaLife and in each Sussex County FCU branch. DelmarvaLife showed the winning PSA on today's show.
If you'd like more information on how to manage your money, including tips on how to create a budget or make a savings plan, visit https://www.sussexcfcu.com/. If you'd like more information on Delaware New Tech Academy, visit http://www.delawarenewtech.org/.
Also, don't forget to get your free annual credit report at https://www.annualcreditreport.com/cra/index.jsp, or call 1-877-322-8228.