Borrowing Monies

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Slide 1: Tekstslide
FinanceHigher Education (non-degree)

In deze les zitten 11 slides, met interactieve quizzen, tekstslides en 1 video.

Onderdelen in deze les

Slide 1 - Tekstslide

If we went on a trip, what would you like to do?

Slide 2 - Tekstslide

Slide 3 - Video

When should you borrow money?
To purchase a car
To pay for a computer
To go on a holiday
To use for a house deposit

Slide 4 - Quizvraag

Slide 5 - Link

Why would people borrow money from the bank or a union?

Slide 6 - Open vraag

advantages & disadvantages
of borrowing monies

Slide 7 - Woordweb

Loans can get people out of a tight spot.
There a different type of loans.
You can consolidate debt with loans.
Help you manage your personal finances.
They have predictable payment schedules.

 You have to pay the money back + then some.
It could result in bad credit.
You'll pay large interest rate.
You might not get the amount you want.
It is a long term commitment.
Penalties can be extremely high.

Slide 8 - Tekstslide

Slide 9 - Tekstslide

 Before you get a loan think about:
Which loan period would best suit my circumstances?
What is the APR?
Can I afford the monthly repayments?
What are the risks and consequences if I miss a repayment?

Slide 10 - Tekstslide

The ___________________ is a voluntary organisation which helps people to resolve their problems with debt, benefits, employment, discrimination, housing and other issues.
A  ___________________ is a non-profit-making, community-based organisation whose members can deposit and borrow money at low interest rates.

 A ___________________ is a profit-making organisation that takes in funds called deposits and then lends money in the form of loans, eg a mortgage.

The  ___________________ is a government- funded organisation offering advice and support to people in debt.

Expenditure        Bank        Organisations      Income       Citizens Advice Bureau  

Credit Union       Debt         Budget        National Debtline        Advice


Slide 11 - Tekstslide