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Avoiding debt


Students read a short story and a handout to learn about excessive debt and ways to avoid or reduce debt.

Big idea

Understanding debt can help you manage your finances and pay your bills. 

Essential questions

  • How do you avoid debt?
  • What are some steps you can take to reduce or better manage debt?


  • Understand what it means to have debt
  • Recommend ways people can avoid or reduce debt  

What students will do

  • Read a short story and a handout about debt.
  • Recommend ways a borrower could avoid or reduce debt.  

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Teacher guide


Student materials



Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.