CNN's interactive activity called *Fees and Charges Apply will give students a realistic look at the total they'll pay for certain purchases after "junk fees" are added. Whether it's concert tickets, hotels, or even just paying rent...are you aware of how many additional fees can get tacked on to the sticker price?

Questions:

• In your own words, what are junk fees?
• Can you identify any recent purchases where you noticed additional fees? What were these fees for?
• Do you think it is ethical for companies to charge extra fees that are not clearly disclosed upfront? Why or why not?
• You are booking a hotel room online and notice a breakdown of costs including a "resort fee" and a "service fee." What steps would you take to understand these fees? Would you still complete the booking?

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Looking for more interactive resources? Be sure to check out the NGPF Interactive Library. 

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

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