In this personal finance lesson, students will examine five hypothetical cases to learn about credit.

This lesson is part of Financial Fitness for Life 9-12, 3rd Edition and provides the slides and activities with educational technology tools. For full access to the book, shop the teacher guide and student workbook below.

In deciding whether to use credit, individuals must consider many factors. The considerations are often situation-specific and they are often subject to different interpretations by different prospective borrowers. The underlying question in each case is whether the advantages of using credit would outweigh the disadvantages. In this lesson, the students address that question in an examination of five hypothetical cases, acting as financial advisors to clients considering the use of credit.

Lesson 12 Slides

Kahoot! – sharp financial advisors