Borrowing, Credit and Debt
Citizenship · Year 7 · Financial Literacy and Managing Money · 3o Periodo

Borrowing, Credit and Debt

Investigate the different ways people borrow money, the cost of credit, and the consequences of unmanageable debt.

National Curriculum Attainment TargetsDfE National Curriculum Citizenship Key Stage 3: Subject content;The functions and uses of money, the importance and practice of budgeting, and managing risk.

About This Topic

Investigate the different ways people borrow money, the cost of credit, and the consequences of unmanageable debt.

Key Questions

  1. What are the different methods available for borrowing money?
  2. How does the cost of borrowing impact personal finances?
  3. What are the potential consequences of accumulating unmanageable debt?

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