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YBS – Lending & Borrowing (KS5)

Earners of this badge have taken part in a number of lessons to explore the culture of ‘buy it now and pay later’. This badge forms part of the finance pathway and is applicable for Key Stage 5 earners.

Communication Critical Thinking Consideration Debating Persuasive Communication Finance Course

Criteria

Earner has demonstrated knowledge of key terms relating to lending and borrowing money, by successfully completing a quiz.
Earner has explored the benefits and limitations of taking out a loan. They can identify at least one benefit to taking out a loan, and one disadvantage of having a loan.
Earner has understood the term Buy Now, Pay Later. Earner has developed their evaluative skills when exploring the benefits and risks of the service.
Earner has demonstrated effective communication skills when participating in a debate about Buy Now, Pay Later lenders. Earner has demonstrated good critical thinking and persuasive skills when considering both points of view and sharing their thoughts to the argument.

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