Borrowing Money and Debt Careers Lesson- Careers Education and CDI Framework. 1-2 hour Lesson. Part of the Cre8tive Careers KS5 Resources for Sixth Formers or Year 11 Students on personal finance. Editable 23 slide PowerPoint Lesson, Lesson Assessment, Student Resources, Signposting to extra support services.
To understand that planned and unplanned borrowing are different types of debt and that I have responsibility to check credit/debt arrangements I may enter into.
To understand the benefits and risks of borrowing money.
Will be able to work out the cost of different personal loans based on fixed rates on interest
Some Key Terms Covered
Debt, Variable interest, Fixed interest, Loan Shark, Payday Loans, APR, Income, Expenditure, Savings
Careers (Assessment) Objectives
I understand the difference between income and expenditure
I can evaluate the value for money on different loans by comparing APR rates
I can explain the dangers of loan sharks and Pay day Loan companies
Each Lesson Pack Contains:
☞ 1 Fully Editable PowerPoint (Learning Outcomes, Confidence Checkers, Assessment of Learning, Variety of Tasks, Video Embedded URL Clips, Engaging Premium Quality Slides, Extra Support Websites, Challenging & Thoughtful Questioning)
☞ Most lessons include a Worksheet
☞ Assessment Opportunity (Confidence Checker)
☞ Teacher Notes (On some slides)
☞ Mapped against the Careers Development Index (CDI) and Gatsby Benchmarks
⟴ PSHE Association Theme: Living in Wider World
⟴ Be Ofsted and DfE PSHE 2020 ready with our resources! Product Code: RSE/C8/LS/306