Credit Crunch

In Credit Crunch, players take on the challenge of paying off a $1,000 credit card purchase while juggling changing interest rates and surprise life events! Everyone takes turns to repay their debt in a different way - no repayments while the debt is accumulating compound interest, simple interest only, regular principal & interest payments, and a few power through with fast-track repayments. By the end of the game, students see how these choices, and factors outside their control, affect how much using credit can cost. It’s a fast, fun way to reveal the real impact of credit!

Year 9-12
0.5-1 hr

Mathematics and Statistics (Financial Mathematics andNumber)
Social Sciences (Draft - Economic Activity, Financial Education)

$20
Led by teachers Training Available
Purchase this game

Student learning

Through Credit Crunch, students will:

  • See how different repayment methods, choices, and factors outside their control affect how much credit can cost.
  • Understand the difference between simple interest, compound interest and interest-only repayments.

Curriculum links

Financial Education is a fundamental part of a young person’s education.

The game is aligned with the Knowledge and Practices of the curriculum for:

  • Mathematics and Statistics: Number and Financial Mathematics strand
  • Social Sciences (Draft): Economic Activity -Financial Education strand

Credit Crunch is also designed to support the curriculum Capabilities

Download includes:

  • Game Board
  • Game Rules
  • Quick Start Guide
  • Teaching Notes
  • Accounting Sheet and Exemplars

Check you have the latest version here:

[Document ID] Resource Name

[CC-001-3]Exemplar - Credit Crunch.xlsx
[CC-002-3] Game Board - Credit Crunch.pdf
[CC-003-3] Repayment Summary Cards - Credit Crunch.pdf
[CC-004-3] Game Rules - Credit Crunch.pdf
[CC-005-3] Accounting Sheet - Credit Crunch.xlsx
[CC-007-3] Teaching Notes - Credit Crunch.pdf
[CC-008-3] Assessment Tool - Credit Crunch.pdf
[CC-0010-3] Quick Start Guide - Credit Crunch.pdf