Now more than ever, it’s essential that young people know how to use credit cards wisely and manage their debt, before they learn the hard way. This video features Lauren Popkoff, a teacher at Brooklyn College Academy in Brooklyn, New York. As Lauren lifts the veil off of credit, she outlines a lesson she teaches her high school students to arm them with the knowledge they need to make wise financial decisions. In this lesson, Lauren presents the advantages and disadvantages of credit, compares credit card offers with her students, discusses ways to establish credit, and highlights the credit card act of 2009.