Summary
A song about borrowing money and paying it back with interest, teaching the basics of loans and why borrowing costs more than you started with.
Viewer safety
All ages
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Teaching resources
Discussion questions
Discussion
A song about borrowing money and paying it back with interest, teaching the basics of loans and why borrowing costs more than you started with..
- What does it mean to borrow money?
- Why do you pay back more than you borrowed?
- When might borrowing be a smart or risky choice?
Quick work-a-long
Vocabulary: borrow, loan, interest.
Try it: If you borrow $10 and pay back $12, how much was the interest?