Credit Crunch

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.

Year 9-12
1-2 hrs

Mathematics and Statistics
Social Sciences

Free to NZ schools
Led by teachers Training Available
Download this game

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.

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:

  • Credit Crunch 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