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Skint!: Good debt/bad debt?
The activities in this resource will get learners thinking about the idea of good debt and bad debt, i.e. what do we know about the different kinds of loans available and what are the consequences of the debt from these loans?
Subject area: numeracy
Experiences and outcomes: using numbers and budgeting, working out percentages
- Begin by reading Skint! up to page 40 as a group.
- Now use the discussion points to facilitate a conversation about different types of loans and what your learners think counts as good debt or bad debt.
- Then ask your learners to complete the related good debt and bad debt activity sheets.
- For further information on budgeting and credit, or for exercises that work out credit ratings and percentages, have a look at Young Scot - Money(this will open in a new window) and BBC Skillswise(this will open in a new window).