Students roll play borrowers, collection agencies, and credit councellors. They also create a budget and a spending journal, and track monthly expenditures to see how close they get to their budget.
What Students Learn
- The difference between good debt and bad debt
- How to avoid getting into debt
- Several ways to get out of debt
- Preview and Episode Viewing: 45 minutes
- Activity 1: 30 minutes
- Activity 2: 15 minutes in class then self-assessment over one month