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InspireFinancialLearning.ca is an initiative of the Ontario Teachers' Federation to provide teachers with effective tools and strategies to help their students navigate the complex world of personal finances.

We welcome input at info@inspirefinanciallearning.ca.

Lesson Plan

What is credit?

In this lesson, students will investigate the various types of credit cards available and explore the pros and cons of buying on credit.

Ontario Curriculum Based

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lesson plan

  • Grade Level: 10-12
  • Course(s)/Subject(s):

    BBI1O/2O – Introduction to Business
    HIP4O – Personal Life Management
    CIE3M – The Individual and the Economy

  • Learning Goals:

    At the end of this lesson, students will:

     

    • describe the purpose of credit
    • analyze the role and importance of credit in personal finance
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