Credit4Life
A board game for key stages 3 and 4, that provides the chance to experience financial situations that can arise during a month. Pupils experience the effects of necessary expenditure, unexpected events and impulse purchases on income as well as the dangers of debt. The idea is great because it will stimulate pupil’s awareness surrounding the implications of debt, pupils will be encouraged to discuss their options, justify their decisions and explore the consequences of their actions.
- COST £24.99
- PUBLISHED12/08
- PHOTOCOPIABLE Yes
- SPONSORRayne Precision Engineering
Get this resource
Contact the distributor
David Stevenson
- Phone
- 01538 266100
- Email them info@credit4life.co.uk
- Address
- Unit 5
Far Lane Industrial Estate
Ipstones
Stoke-on-Trent
ST10 2JJ - Website
- Visit their website http://www.credit4life.co.uk
Suitability
Age range
- 11 - 16 year olds
- Key stages 3 & 4 in England
- Key stages 3 & 4 in Northern Ireland
- Year groups P7, S1, S2, S3 & S4 in Scotland
- Key stages 3 & 4 in Wales
Secondary Key Concepts
- Capability (PSHE Education EWBFC 1.2)
- Economic understanding (PSHE Education EWBFC 1.4)
- Competence (Mathematics 1.1)
Secondary Key Processes
- Financial capability (PSHE Education EWBFC 2.4)
- Decision-making and managing risk (PSHE Education PWB 2.2)
- Developing relationships and working with others (PSHE Education PWB 2.3)
- Representing (Mathematics 2.1)
Secondary Range and Content
- Career (PSHE Education EWBFC 1.1)
- Personal budgeting (PSHE Education EWBFC 3)
- Wages(PSHE Education EWBFC 3)
- Taxes(PSHE Education EWBFC 3)
- Money management (PSHE Education EWBFC 3)
- Credit and/or debt (PSHE Education EWBFC 3)
- Knowing about a range of financial products and services (PSHE Education EWBFC 3)
- How money can make money through savings, investment and trade (PSHE Education EWBFC 3)
- Social and moral dilemmas about the use of money (PSHE Education EWBFC 3)
- Calculations and manipulations with real numbers (Mathematics Number and Algebra 3.1)
Origin of resource
This resource was produced in England and meets the requirements of the English curriculum. All Quality Mark resources are designed for use across all UK countries, although they may be more suited to the country where the resource was produced and as such may need some adaptation.
Assessor's comments
A useful and fun way to bring together a series of lessons on personal finance dealing with savings, budgeting, banking, credit cards and debt.
Your comments
Karen Fuller
consultant
Karen Fuller's comment:
Credit 4 Life
I have used Credit 4 Life with a group of lively Year 10s who thoroughly enjoyed it. The game helps pupils to experience the effects that planned expenditure, unexpected events and impulse purchases can have on their income as well as the dangers of debt.
Quotes from Year 10 pupils:
On credit cards – 'I didn’t realise that it isn’t really your money that you are spending.’
‘It’s so easy to get into trouble with money if you don’t plan for things.’