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Smart Borrowing

coins
This unit introduces students to the basics of borrowing money and making wise financial choices. Through real-life
examples and interactive activities, learners will explore how loans work, what interest and credit scores mean, and why borrowing responsibly matters. By the end, they will understand how debt can grow and how to make borrowing decisions that support both their current needs and long-term goals.
 

OBJECTIVES:

  • Understand what it means to borrow money and how different types of loans work
  • Learn about interest rates, credit scores, and how they affect borrowing
  • Explore how debt grows and how to borrow responsibly
  • Practice using loan vocabulary and comparing borrowing options
 
Content Area:
Social Studies 
Math
 
Grade Level: 
Secondary