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Description

TV personalities talk about their experiences of and views on finance, debt and spending. They tell stories of gathering or avoiding debt, the pressure to spend, the risks of creating overwhelming debts by using credit cards and how difficult debt is to get out of. They explore the effect of living with large debt on relationships and emotional states.
This clip is from:
First broadcast:
5 March 2008

Classroom Ideas

You may want to use this clip as an introduction to research on credit and loans. A teacher could illustrate the true costs of credit from non-debit cards or high street loans using paper money.