Barclays LifeSkills - Planning Budgets, Credit and Debt

Planning Budgets, Credit and Debt

In this lesson students are tasked with becoming money mentors for a series of characters, to understand financial terminology, and learn ways to save, manage debt and borrowing money safely.

By the end of the activity students will have:
• Identified ways of reducing spending and saving regularly by completing a budget.
• Discussed different reasons for, and ways of, borrowing money.
• Completed a savings action plan for a fictional character.