Primary Level : Understanding Debt

I. Week 1

Lesson 25: Discussing what debt is and how it can affect people’s lives

Brief information

• Children will be able to understand what debt is and how it can affect people’s lives, as well as to teach them the importance of responsible borrowing and spending.

Learning Objectives

• Children will be able to share experiences about debts and understand the different characteristics of debt

II. Week 2

Lesson 26: The importance of responsible borrowing and repayment

Brief information

• Children will be able to learn the importance of responsible borrowing and repayment, and how it can affect their financial future.

Learning Objectives

• Children will be able to understand how different scenarios of borrowing works and how to apply it to their daily lives

III. Week 3

Lesson 27: Simple ways to avoid unnecessary debt

Brief information

• Children will be able to understand what debt is and how to avoid unnecessary debt by making smart financial decisions.

Learning Objectives

• Children will be able to follow the steps to avoid unnecessary debt in their daily lives

IV. Week 4

Lesson 28: Risk Management and Insurance

Brief information

• Children will be able to understand the concept of risk management and insurance and its importance in protecting their future.

Learning Objectives

• Children will be able to understand the different scenarios where they need insurance and how to insure the risks