Ideas to help you get started

Final Year at High School

➢ Good Debt/Bad Debt How loans work. Why you might want a loan. The advantages and disadvantage of taking out a loan. Understand the following: • Personal loans • Car loans • Mortgages • Buy now pay later systems • Credit cards • Vendor finance➢ Buying a carNew vs Used Dealer vs PrivateWhat to look for when shopping for a car Types of Car insurance ➢ Income Know the three ways to generate income:Property Shares Business ➢ Online Presence with a Purpose (Year 3) Create a product related to their passion and set up a marketing funnel to sell that product to the followers created in year 2. ➢ Money and Relationships How does money cause relationship/marriage problems and sometimes divorce? What happens in a divorce – costs, kids maintenance, emotional damage ➢ Scams and Rip-offs Could your teenage kids recognise a scam? Could they fall victim to an unscrupulous salesman?