Finance Games

Credit Score Board Game: Credit Cards, Loans, Mortgages, and More: Personal Financial Literacy
Life Studies, Finance, Home Economics, Math, Addition and Subtraction, Addition, Grade 8, 9, 10, 11, 12, Activities, Games

CREDIT SCORE BOARDGAME This fun, financial literacy lesson teaches students about credit scores and how to build up a good one. Here’s how it works: • Show your students a video with background information on credit scores • Go through the two PowerPoint slides and encourage students to take notes. They will learn 5 actions that affect credit scores: paying bills on time, how much of your credit you use regularly, how old your accounts are, having different kinds of credit, and opening new credit accounts. • Print a board for each group of 2-4 students. Have a six-sided die to go with each board. • Each student needs something to use as a counter on the board. • Students roll and play the game, keeping track of how their credit score rises and falls based on the realistic events on the board. • The winner has the highest credit score at the end of the game. The game is designed so that students will end up with realistic credit scores (ranging between 300-850) based on the spaces they land on and the realistic events they will experience. Some are positive (paying off bills on time) and some are negative (opening too many new credit accounts in a short period of time). Students can use a scrap piece of paper or a mini whiteboard to keep a running record of their credit score. This is a great way to practice some mental math (addition and subtraction of numbers in the hundreds) while learning about financial literacy. Check out other fun financial literacy products from my store: Income Tax Notes and Practice Compound Interest: Hook Students on Financial Literacy Financial Literacy: Renting vs. Buying a Home Net Worth: Assets - Liabilities = Equity