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Money · Ages 10+ · Set B
The debt spiral
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B
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Goal: 15 min
Score/ 12
Remember: Unpaid extra joins the pile and grows too. Paying more than the extra turns it back.

Questions

1
Which one feeds a debt spiral?
🕳️paying nothing for months⬆️paying more than the extra💬talking to the lender early
2
Which one helps a debt spiral stop?
🕳️paying nothing for months💬talking to the lender early🔁borrowing twice to cover the extra
3
Which one feeds a debt spiral?
💬talking to the lender early🔁borrowing twice to cover the extra⬆️paying more than the extra
4
Jun owes thirty coins. One extra coin is added for every full ten owed. Which one leaves forty-six owed?
after five months of paying nothingafter six months of paying nothingafter three months of paying nothing
5
Jun owes thirty coins. One extra coin is added for every full ten owed. Which one leaves thirty-six owed?
after one month of paying nothingafter three months of paying nothingafter two months of paying nothing
6
Jun owes thirty coins. One extra coin is added for every full ten owed. Which plan leaves thirty owed after six months?
🚫paying nothing🟰paying three a month📉paying five a month
7
Jun owes thirty coins. One extra coin is added for every full ten owed. Which one leaves fifty owed?
after six months of paying nothingafter one month of paying nothingafter five months of paying nothing
8
Which one feeds a debt spiral?
⬆️paying more than the extra💬talking to the lender early🤞hoping it goes away
9
Which one helps a debt spiral stop?
➕paying at least the month's extra🤞hoping it goes away🕳️paying nothing for months
10
Jun owes thirty coins. One extra coin is added for every full ten owed. Which plan leaves nothing owed after six months?
🚫paying nothing🟰paying three a month🏁paying eight a month
11
Which one helps a debt spiral stop?
🤞hoping it goes away🔁borrowing twice to cover the extra⬆️paying more than the extra
12
Jun owes thirty coins. One extra coin is added for every full ten owed. Does after one month of paying nothing leave forty-two owed?
YesNo
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