Explore what borrowing means and if it's a good idea!

Year 3/P4 (ages 7-8) Borrowing and paying back money

This lesson helps children understand what borrowing is and decide when it can be useful. It links to the other lessons on savings and money and supports concepts about money that will be useful in the future. Activities include.

Activity 1 - What does it mean to borrow?
Activity 2 - What should she do? 
Activity 3 - Why do you pay back extra?
Activity 4 - Is borrowing always bad? (challenge cards)

Year 3/P4 (ages 7-8) Borrowing and paying back money
This resource includes the following files:
  • Year 3 /P4 (ages 7-8) Borrowing and paying back money. Teacher notes.
  • Year 3 /P4 (ages 7-8) Borrowing and paying back money. Slide deck
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