Lesson Planet
Search educational resources
  • Sign In Try It Free
  • AI Teacher Tools
    • Discover Resources Search reviewed educational resources by keyword, subject, grade, type, and more
    • Curriculum Manager (My Content) Manage saved and uploaded resources and folders To Access the Curriculum Manager Sign In or Join Now
    • Browse Resource Directory Browse educational resources by subject and topic
    • Curriculum Calendar Explore curriculum resources by date
    • Lesson Planning Articles Timely and inspiring teaching ideas that you can apply in your classroom
    • Our Story
    • Frequently Asked Questions
    • Testimonials
    • Contact Us
  • Pricing
  • School Access
    • Your school or district can sign up for Lesson Planet — with no cost to teachers
      Learn More
  • Sign In
  • Try It Free

Hi, what do you want to do?

Create a lesson plan
Create a lesson plan
Generate resources with 80+ AI teacher tools
Generate resources with 80+ AI teacher tools
Search 200,000 instructional videos
Search 200,000 instructional videos
Find a teaching resource
Find a teaching resource
The Danger of Debt: Avoiding Financial Pitfalls Lesson PlanThe Danger of Debt: Avoiding Financial Pitfalls Lesson Plan
Publisher
Visa
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
9th - 12th
Subjects
Math
3 more...
Resource Type
Lesson Plans
Audience
For Teacher Use
Duration
1 hr
Instructional Strategies
Collaborative Learning
6 more...
Technology
Internet Access
Lesson Plan

The Danger of Debt: Avoiding Financial Pitfalls

Curated and Reviewed by Lesson Planet
This The Danger of Debt: Avoiding Financial Pitfalls lesson plan also includes:
  • Student Activity Sheets
  • Glossary
  • Activity
  • Answer Key
  • Join to access all included materials

How can our perspectives of borrowing and returning influence the way we view credit? Pupils explore the concept of debt, how it impacts our ability to obtain credit, and finally the ways in which we can work to alleviate debt.

60 Views 49 Downloads
CCSS: Adaptable

Concepts

debt, financial literacy, personal finance, credit, credit cards

Additional Tags

social studies

Instructional Ideas

  • Have students research current interest rates for various credit card companies and input their information into a shared chart

Classroom Considerations

  • This is the fifteenth lesson in a series of 22, designed to help young adults acquire strong money management skills
  • Several of the teacher's tips in the right sidebar reference previous lessons in the series, which offer significant background information for this lesson

Pros

  • Well-organized activity sequence
  • Excellent supplemental worksheets

Cons

  • None

Common Core

SL.9-10.1.a SL.11-12.1.a

See similar resources:

Lesson Plan

Using Credit Wisely

Visa
Receiving credit can be both a benefit and a curse. Prepare your learners to make wise credit choices by studying how credit influences credit scores, identifying the different components of credit cards, and exploring major consumer...
9th - 12th Math
CCSS: Adaptable
Lesson Plan

Extra Credit: It’s No Fairy Tale

Curated OER
Students discuss their knowledge of payday loans and credit cards. In this Economics lesson, students complete a read an article and Q&A activity in groups, and play a vocabulary bingo game and a quiz game on payday loans. Students...
9th - 12th Math
Lesson Plan

Credit and Debt: Understanding Credit Reports and Managing Debt

PricewaterhouseCoopers
Credit cards are tempting to use right out of high school. Teach your upperclassmen the benefits and challenges of credit and how it can affect their future. The instructional activity covers credit scores and ways to strengthen credit...
9th - 12th Math
Lesson Plan

Credit Reports—and You Thought Your Report Card Was Important

Federal Reserve Bank
Get the facts about credit and take a close look at what factors into a consumer credit report with this fantastic lesson. Your pupils will read informational texts, read sample financial documents, and discuss the advantages...
9th - 12th Math
CCSS: Designed
Lesson Plan

National Debt and Wars

National Council of Teachers of Mathematics
Take a functional approach to the national debt. Learners collect information about the national debt by decade and plot the data. They determine whether an exponential curve is a good fit for the data by comparing the percent changes...
9th - 12th Math
CCSS: Adaptable
Lesson Plan

I Can Buy Anything I Want: Consumer Debt and Social Responsibility

Curated OER
A clear, comprehensive overview of consumer debt, credit, interest, international currency, and social responsibility, this 45-minute session falters in the application stage. You'll need to create a way for learners to demonstrate their...
9th - 12th Career & Technical Education
Lesson Plan

Debt: Who Does it Affect?

Curated OER
Debt is a topic that affects everybody: the community, the nation, and the entire globe. Kids take charge of debt by designing a project that informs those in their community about good financial choices, keeps personal debt low, and...
9th - 12th Social Studies & History
Unit Plan

About Credit

Practical Money Skills
It's tempting to stay away from credit cards entirely, and it can also be tempting to charge large purchases on credit cards with the intention to pay them off later. But as a three-part lesson on credit and debt shows your high...
9th - 12th Math
CCSS: Adaptable
Lesson Plan

Banks and Credit Unions (Part 1)

Council for Economic Education
Imagine you have money you want to save ... where do you put it?  Pupils investigate the similarities and differences of banks and credit unions as they determine where exactly to place their hard-earned money. Through a WebQuest,...
9th - 12th Math
CCSS: Adaptable
Handout

Student Loan Debt

ProCon
Should college loan debt be easier to discharge in bankruptcy? Scholars sort through the top three pros and cons to decide for themselves in preparation for a class debate or discussion. Learners may also participate in an online poll to...
9th - 12th English Language Arts
CCSS: Adaptable
Try It Free
© 1999-2026 Learning Explorer, Inc.
Teacher Lesson Plans, Worksheets and Resources

Sign up for the Lesson Planet Monthly Newsletter

Open Educational Resources (OER)

  • Health
  • Language Arts
  • Languages
  • Math
  • Physical Education
  • Science
  • Social Studies
  • Special Education
  • Visual and Performing Arts
View All Lesson Plans

Discover Resources

  • Our Review Process
  • How it Works
  • How to Search
  • Create a Collection

Manage Curriculum

  • Edit a Collection
  • Assign to Students
  • Manage My Content
Contact Us Site Map Privacy Policy Terms of Use