Learning objectives
- To understand that a loan can be a way to pay for things, but that it needs to be repaid
National curriculum
- PSHE Association’s Programme of Study for PSHE: Living in the wider world > L17. about the different ways to pay for things and the choices people have about this and L22. about risks associated with money (e.g. money can be won, lost or stolen) and ways of keeping money safe
Success criteria
Cross-curricular links
Before the lesson
Download classroom resources
Attention grabber
Main event
Differentiation
Pupils needing extra support: May need additional support with working out the loans and if they are affordable. Calculators could be used here.
Pupils working at greater depth: Can use the sheet with more complex calculations and the additional column. Can be challenged to add a reason why they think that person should or should not take the loan.