Banking & Borrowing Resources by Lori King

Game: Shady Sam

loriking4 — 2024-05-17 15:54:29 UTC

This game puts student in the role of a loan shark. They have to decide which interest rate and loan term would benefit them the most. It is a fun way for students to learn the importance of interest rates when they take out a loan.

Game: SPENT

loriking4 — 2024-05-17 16:43:08 UTC

Spent allows student to get a job and try to make ends meet until the end of the month. They have life events, both good and bad, pop up that they have to pay for. It gives an experience to struggle of paying for unexpected things. There is even a 40 minute video to go with it telling peoples' stories of how unplanned events wrecked their finances.

Video: Banks v. Credit Unions

loriking4 — 2024-05-17 16:48:14 UTC

This video breaks down pros and cons to using a bank or credit union. Students often do not know the difference and which one could benefit their situation more. The channel "Two Cents" does a great job breaking down personal finance topics in a way that is entertaining and easy to understand.

Video: Comparing Cards

loriking4 — 2024-05-17 16:52:31 UTC

This is such a fun and short video going over characteristics of different types of payment. It mostly covers credit cards and debit cards, but mentions prepaid cards and cash. Many students have no experience with credit cards. This is a good introduction into how credit cards are different from debit cards.

Practice Quiz

loriking4 — 2024-05-17 18:05:28 UTC

Quizizz has multiple different ways to quiz and include aspects to make a quiz feel more engaging. This review covers financial institutions, types of payments, and credit.

Vocabulary Quizlet

loriking4 — 2024-05-17 18:29:43 UTC

Quizlet also gives multiple different ways to check your understanding, and it can be done individually or in groups. This is an interactive flashcard website and this set includes key words that would be vital to students understanding of banking and borrowing.

Website: Next Gen Personal Finance (NGPF)

loriking4 — 2024-05-17 18:36:39 UTC

NGPF is the best website for personal finance instruction. I linked the "managing credit" page, but they cover everything. They have complete lesson plans, games, activities, and interactive library all for free!

Website: GPB Econ Express

loriking4 — 2024-05-17 18:44:45 UTC

GPB has mini lessons that you can change the level of difficulty for depending on the student. They have lessons on financial institutions and use of credit that are perfect for this unit. Each lesson has a learn, practice and assess section. These are perfect for the beginning or ending of class

Infographics: Fed Reserve

loriking4 — 2024-05-17 18:53:14 UTC

The Federal Reserve of Atlanta gives infographics about economics and personal finance out for free. They even ship them for free, so teachers can have them as resources in their classroom. There is an infographic for banking and why good credit is important. On their website each infographic has an activity to go along with it.

Infographic: Credit Score

loriking4 — 2024-05-17 18:58:42 UTC

This infographic breaks down what contributes to your credit score and shows the scale for what your credit score means. It is so important for students to understand credit and what impacts their credit score. This is a simple presentation to explain it to them.

Citattion:

Personal Finance 101: Credit Scores. (n.d.). Default. Retrieved May 20, 2024, from https://www.3riversfcu.org/blog/post/personal-finance-101-credit-scores