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Listed under:  Economics and business  >  Finance  >  Credit (Finance)  >  Personal debt
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MoneySmart: Rookie for educators

This is a suite of resources about making smart financial decisions in six situations where a young person assumes full adult responsibility for the first time. These include buying a car, borrowing money, owning a mobile phone, moving out of home, shopping online, and managing their first job. Resources for each situation ...

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MoneySmart: classroom resources

This is a collection of seven videos about financial and consumer issues that affect young people. Five of the videos show young people dealing with the mistakes they have made in maxing out their credit cards, buying a car, moving out of home, taking their first job, or shopping online. The secondary school simulation ...

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Compound interest on borrowings

This is a single-screen presentation that states a compound interest borrowings problem with a high interest rate, reveals the compound interest formula and provides the mathematical steps of the solution before stating the final amount owed in words.