Consumer Stuff for kids (PDF, 6.2 MB) - Consumer Affairs Victoria

Introduction
Ask the students:
“Besides spending notes and coins, how else can consumers purchase goods and services?
Can money be more than just notes and coins?”
Students may respond “you can buy things on credit”, “I’ve heard of EFTPOS”, or “Mum or Dad use their
credit card sometimes.”
Explain:
“Goods and services can be purchased using different methods of payment.”
"How to Pay" Role-play
Distribute the “How to Pay” Role-play activity sheet. (double-sided)
This role-play has three characters:
Malik Money
Carrie Credit Card
Effie EFTPOS
The characters are shopping together and talking about how they purchase goods.
The role-play outlines the positives and negatives of each method of payment.
Students can act out the role-play in small groups or as a whole class.
Students can make a sign or mask for their character and hold it up each time their character speaks.
After performing the role-play, students then complete the advantages and disadvantages table for each payment method.
Conclusion - Snakes and Ladders
Students use the information in their advantages/disadvantages table to design their own game of Snakes
and Ladders. The advantages will act as ladders and the disadvantages are snakes.
Students demonstrate their understanding of cash, credit card and EFTPOS by
identifying:
» the difference between each payment method
» advantages and disadvantages of each payment method.
CONSUMER AFFAIRS VICTORIA NEED CONSUMER HELP? 1300 55 81 81 www.consumer.vic.gov.au
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