Teach Kids about Debt
|Fun Lesson for Teaching Kids about Money
Teach kids about debt by grabbing their attention with this fun video. It’s a humorous video about the current state of our economy with a surprising twist at the end.
We need to explain balance to kids — the importance of establishing a proper correlation between income and expenses.
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6 Lesson Topics to Teach Kids about Debt
- Spending habits
- Cutting expenses
- Discuss the impact of not paying off your debt
- Discuss credit ratings
- Discuss loans and loan increases…and the impact of successive loans (like during four years of college)
- Discuss the impact of placing your children or parents (like co-signed loans) in debt
Funny Debt T-shirt
Teachers could spur student interest and conversation by wearing this creative debt t-shirt to school on the day of the debt lesson.
This would also make a great gift for an economics instructor, small business instructor, or entrepreneur instructor.
More great tools to teach students about debt:
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KidsAndMoneyToday
Tracy Foote Author | Writer
| Entrepreneur | Internet Marketer "I'm enthusiastic about helping people in business and finance — so they can have money available for college, retirement, and travel."
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