Borrow
On the topic
Borrowing money is part of our economic system and has become indispensable. There is a myriad of offers – from small amounts for consumer goods to mortgage loans for building a home.
There are many providers on the market who advertise for customers with a wide variety of conditions. The difference in the costs incurred is sometimes enormous.
Borrowing money must be well thought out. First of all, it must be clarified whether the money can be repaid without having to restrict one’s lifestyle. And then you have to find out what type of financing and which provider is best for you.
Framework data
Target group |
Adults |
Time frame |
130 minutes |
Requirements |
Room with sufficient space for small group |
Learning objectives
- Dealing with the possibilities of lending money
- Make them aware of what you would lend them money for
- Point out that borrowing money costs money
- Point out what to look out for when borrowing money
- Point out that not every offer is the same and that offers should be compared
Schedule – Overview
Method pool |
Duration in minutes |
Complexity |
1. “Terminology” Background knowledge “Terminology” |
15 |
Easy |
2. Borrowing money Annex “Borrow money” |
15 |
Easy |
3. Case study: Sarah and Alex Annex “The first own apartment” Annex “The new living room” Solution “The new living room” Solution “The new car” Annex “One year later” Solution “One year later” |
100 |
Easy |
1. Explanation of terms
Setting |
Plenum |
Goal |
Getting to know the group. Explanation of terms. |
Material |
Annex “Terminology” |
Duration |
15 minutes |
Further information |
Movement helps the participants to arrive. It helps you get talking. Basic terms are explained. |
2. Borrow money
Setting |
Individual work followed by a plenary session |
Goal |
Discussing one’s own attitude towards borrowing money |
Duration |
15 minutes |
Material |
One copy of the “Borrow money” annex Flipchart and pens |
3. Case study: Sarah and Alex
Setting |
Group work and plenary session |
Objective |
To show different forms of lending money using a case study To show how people slowly grope into debt problems |
Duration |
75 minutes |
Material |
For each group, the respective tasks Annex “The first own apartment” Annex “The new living room” Annex “The new car” Annex “One year later” Flipchart and pens |