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This resource provides articles, videos and discussion questions on the topic of debt and the idea of "responsible borrowing". This is a problem with Canada having the highest household debt level among G7 countries. While it’s clearly normal to have debt, it’s also natural to wonder how your financial situation compares to others. Let’s explore the average debt levels of Canadians, learn about how credit card companies make record profits off of this debt and provide students with tips on what to do if their debt is higher than average. The goal of this lesson is to teach responsibly borrowing so that our students do not get themselves into debt "quick sand" in the future.
- Subject:
- Financial Literacy
- Material Type:
- Activity/Lab
- Assessment
- Homework/Assignment
- Lesson
- Author:
- Cindy Lowe
- Date Added:
- 09/30/2024
