Credit Crunch is designed to show students the cost of credit card debt. Players are given different repayment scenarios, and must calculate their repayments over a year.


Student learning

Through Credit Crunch, students will:

  • Learn how to calculate minimum repayments
  • Understand the difference between simple interest, compounding interest and interest-only repayments.

Curriculum links

Personal Financial Management is a fundamental part of a young person’s education. Credit Crunch is designed to support the key competencies. The game also has strong links to the Mathematics and Statistics and Social Sciences learning areas.

Credit Crunch

  • Year 9-12
  • 1-2 hrs
  • Mathematics and Statistics
    Social Sciences
  • Free to NZ schools
  • Led by teachers
    Training Available
Download overview

Students taking part will

  • Be allocated a repayment scenario
  • Take 12 turns, with each turn representing 1 calendar month
  • Update their Accounting Sheet after each turn by calculating income earned and repayments made.

Download includes:

  • Teaching Guide
  • Game Board: Credit Crunch
  • Game Rules
  • Game Piece: Player Pieces
  • Game Piece: Repayment Summary Cards
  • Game Template: Credit Crunch Accounting Sheet
  • Exemplar: Repayment examples
  • Assessment: Credit Crunch Rubric