Borrowing Money and Using Credit

Managing debt and avoiding debt problems

• Debt Management – This is the section from the Canadian Foundation for Economic Education’s web site “Managing Your Money in Canada” that focuses on debt management.

• Financial Consumer Agency of Canada (FCAC) – This web site of the Financial Consumer Agency of Canada has many helpful resources.

• Credit Canada – This web site of Credit Canada Debt Solutions has many helpful resources.

• Debt and Credit  – This is a link to the parts from CFEE’s book “Money and Youth” that focuses on credit and debt.

• Managing Debt – This is the section from the Investor Education Fund web site “Get Smarter About Money” that focuses on managing debt.

• Taking Charge of Your Debt – This is the section from the Office of Consumer Affairs’ on consumer debt.

• How Credit Works – Government of Canada site that teaches teens about how credit works.

• Council for Economic Education – U.S. site: This site is for middle school students and allows them to engage in an on-line game dealing with financial issues.

• Credit Cards – U.S. site: A lesson on credit cards.

• Economic Lessons – Council for Economic Education – U.S. site: This site has a wealth of economic lessons.

• GenerationOn – U.S. site: GenerationOn – Lessons, complete with handouts, for grades 6 to 8 on the responsible use of credit.

• Ideas for Teaching Kids about Money – U.S. site: A lot of tutorials, information and teaching kids about money ideas.

Videos:

• Get it on Credit – This is the Investor Education Fund “Funny Money” video – “Get it on Credit.”

• Money Lessons – Videos games to teach money lessons.

• The Importance of Teaching Financial Literacy – Australian site: A video with statistics that talks about the importance of teaching financial literacy.