Video: Borrowing Money in Plain English

Creator: Common Craft | visit site

Grade Range: 4 - 11

This short video demonstrates the risks, benefits, and realities of borrowing money. The video offers simple pictures to explain the complex topics. Despite a paid membership model, Common Craft still offers this video for free, but it does have a watermark saying, "For evaluation only." If you wish to share this with a group, they will need to view it on individual/partner computers (or iOS devices) or on a projector that has a zoom function to enlarge a selected area of the screen.

In the Classroom

Share this video with your students on an interactive whiteboard or projector or embed it in your class web page or wiki during your unit on credit or percent. Have cooperative learning groups research other aspects of savings, borrowing, or economics and create their own videos. Transform technology use by using (click on the tool name to access the review): Animatron, Renderforest, Powtoon, or Vizia. rn Share the videos on Teachertube, explained here.

At Home

Is your student thinking about borrowing money for college, a car, or another large investment? View this short video together and discuss the risks and benefits.

Tags

business, money, financial literacy,

Subjects

Economics, Family and Consumer Science, Math, Social Studies, Social Studies,