Financial Literacy Unit: Borrowing (Loans, Interest Rates, and Credit Scores)

Teaching Financial Literacy: Responsible Borrowing\nThis 30+ page financial literacy teaching resource equips students with essential knowledge on responsible borrowing. The informative presentation slides and accompanying student packet cover key topics like loans, credit scores, interest rates, and the role of the Federal Reserve. Discussion questions encourage reflection on responsible financial behaviors. Educators can use this versatile resource in whole-class instruction, small group activities, or independent assignments. The non-technical explanation of financial concepts allows students to comprehend real-world topics like mortgages, public and private student loans, and factors impacting credit scores. By demystifying complex financial systems, this teaching resource empowers students with fundamental personal finance skills as they approach adulthood. The clear, concise content is presented at an accessible grade 7-8 reading level.