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Borrowing Money: Loans, Credit, and Repayment

Financial Literacy, Banking, and Saving for the Future

2nd Grade·Social Studies·US-WV-SS

Updated 1 month ago · 3 views

Understand why people borrow money through bank loans and credit cards, and the responsibility of paying it back with interest.

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Financial Literacy, Banking, and Saving for the Future

2nd Grade · Social Studies · US-WV-SS

6 lessons

Goal

Understand bank services, create a balanced budget, and explore college savings programs like SMART529.

6 lessons

0 of 6 done

Why People Use Banks and Credit UnionsUp next
Checking Accounts and Everyday TransactionsNot started yet
Savings Accounts and Earning InterestNot started yet
Borrowing Money: Loans, Credit, and RepaymentYou are here
Creating and Balancing a Mock Personal BudgetNot started yet
Saving for Higher Education With SMART529 PlansNot started yet

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Learning standards covered

SS.3.7West Virginia Social Studies Standards · All ages

Study bank services including checking accounts, savings accounts, and borrowing, and create a mock budget.