Loans

In PHSE we are now starting our new unit: Money and Work. We will be learning about making decisions about money; using and keeping money safe.

Today we discussed where does money for our family come from?

We then read a book and discussed the meaning of loans.

The book was about the Deacon family and the dilemma they face when their TV breaks and they consider borrowing money to buy a new one. We explored the options for taking out loans and began to understand some of the key terms (lots of difficult words!).

We then discussed the risks and consequences of borrowing money.

Click here to re-read the book at home. You can also download further resources review the learning at home.

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