INTRO TO TEST PREPARATION
LESSON 1 - IDENTIFY LIMITING BELIEFS ABOUT TEST TAKING
Debt refers to money that you owe someone else and includes things like credit card debt, student loans, car loans and mortgages. It can be a positive or negative aspect of finances. There are ways to use debt to your advantage but it can also cause great damage.
- Please view the lesson below.
- Complete all activities within this lesson
In this lesson, you will learn to define debt and identify different types of debt. We will also learn about the roles of the debtor and the creditor, as well as the benefits and drawbacks of debt.
Click the Materials icon to view, download, or print the lesson materials. You will need the materials to follow along with the lesson video below.
WATCH VIDEO AND COMPLETE SHORT QUIZ
Complete a short Quiz on Debt. Some of the information may be new to you, and you are more than welcome to research. TRY YOUR BEST! YOU CAN DO GREAT AS LONG AS YOU SHOW GREAT EFFORT.
COMPLETE THE READING AND ANSWER THE FOLLOWING QUESTIONS
- Research and read two articles on Debt and its different forms
- Add the links to the articles in the form below
- Discuss the following questions with two people:
- What are some of the positive ways to use debt?
- What type of debt do most people have? Is it good or bad debt and why?
CREATE THE INFOGRAPHIC
Consider the limiting beliefs you identified in Activity 2. Create an infographic You are a reporter and host for a local financial news show. You are doing a week special on “Money basics”. You will interview different people throughout the week to discuss different financial topics. Today's assignment will focus on Debt, Credit, Mortgages, and Auto Loans.
Please click the assignment icon to access the assignment.
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