Thank You to Our Members
Hymn
Opening Prayer
Spiritual Lesson – Credit
Discuss what a credit score is, and how it affects you . Discuss the different factors that affect your credit score. Explain how your credit score reflects your financial choices in life.
| What can you do with credit? | What affects your credit score? |
| Low interest rate | Payment History |
| Better chance for approval | Amounts owed |
| Better car insurance rates | Length of History |
| Avoid security deposits on utilities | Types of Credit |
“Some debt—such as for a modest home, expenses for education, perhaps for a needed first car—may be necessary. But never should we enter into financial bondage through consumer debt without carefully weighing the costs” Elder Joseph B. Wirthlin, May 2004
Activity – Monopoly
Play the Monopoly Board game, you can also use the Monopoly Mobile App.
Closing Prayer
