Consequences are the results of an action.

Borrow means to use someone else’s money. It will be paid back later.

A debt is an amount of money that needs to be paid back.

Lend means give someone money temporarily. It will need to be paid back later.

If you owe money, you need to pay someone back.

Save, spend, borrow or lend?

Financial education

This unit teaches the emotional impact of money, the role of others in our spending choices, and how to be thoughtful and safe with money.

Subjects which particular individuals may be sensitive to, eg, adoption, migration, bereavement or death, divorce, poverty, deprivation.

Depiction or discussion of sensitive content

Find the missing words. __________ an amount of money that needs to be paid back.

Use someone else’s money.  It will be paid back later.

Take someone's money. It does not need to be given back.

Complete the good advice. You should only lend money __________.

Wait until Sofia mentions the money and then pay it back.

See if Sofia mentions it and say he has already paid her back.

Sofia has lent Alex £2. Weeks pass and Sofia does not mention the money. What should Alex do?

Ask the shop if they will reduce the price even further to £10

Sofia has saved up £10 over several weeks. She sees the toy she is saving up for on special offer at just £12! What should she do?

Jacob wants a computer game. It costs £12.50. Jacob has already saved £5.50. How much money would he need to borrow to buy the game? £{{ }}

Find the missing word to complete the definition. {{ }} is something you gain when you complete a course or training.

Jacob gives Sofia and Aisha £5. He gives Alex £10. Who might be happiest?

What might help you most in getting a good job?

Alex needs to borrow £1. Who might he ask to borrow money from first?

Alex saves £2.50 every week so he can buy a game costing £15. How many weeks does he need to save for? {{ }}