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  • Rent To Own Instructor Directions PDF

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    Scott Martz
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    This document provides an instructor's guide for an activity examining the higher costs of rent-to-own services compared to saving and purchasing items with cash. Students will research rent-to-own websites to find the total cost of items if purchased through rent-to-own. They will then calculate the cost of purchasing the same items with cash and the savings difference. Finally, students will calculate a hypothetical 40-year investment based on the savings from avoiding rent-to-own purchases. The goal is for students to understand rent-to-own services are often more expensive than alternatives.

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    This document provides an instructor's guide for an activity examining the higher costs of rent-to-own services compared to saving and purchasing items with cash. Students will research rent-to-own websites to find the total cost of items if purchased through rent-to-own. They will then calculate the cost of purchasing the same items with cash and the savings difference. Finally, students will calculate a hypothetical 40-year investment based on the savings from avoiding rent-to-own purchases. The goal is for students to understand rent-to-own services are often more expensive than alternatives.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    25 views1 page

    Rent To Own Instructor Directions PDF

    Uploaded by

    Scott Martz
    This document provides an instructor's guide for an activity examining the higher costs of rent-to-own services compared to saving and purchasing items with cash. Students will research rent-to-own websites to find the total cost of items if purchased through rent-to-own. They will then calculate the cost of purchasing the same items with cash and the savings difference. Finally, students will calculate a hypothetical 40-year investment based on the savings from avoiding rent-to-own purchases. The goal is for students to understand rent-to-own services are often more expensive than alternatives.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    CHAPTER INSTRUCTOR’S GUIDE

    3 Activity:
    Rent to Own
    B Y B R E N D A B U D L E R , E D U C ATO R , N E B R A S K A

    Objective
    The purpose of this activity is for students to research and examine the higher cost
    of using rent-to-own services versus saving and purchasing the item with cash.

    Instructor Directions
    Hand out the student activity sheet and direct students to a rent-to-own website using a search engine. Be sure
    to evaluate possible rent-to-own websites yourself before directing students to visit. Rent-to-own businesses are
    often unscrupulous on the web, just as they are in person.

    Students will find the total cost of the listed items if purchased at a rent-to-own store. Next, they will total the cost
    of the items if purchased in full with cash elsewhere. Finally, they will calculate the difference between the two
    methods and calculate a 40-year investment based on the savings.

    FOUNDATIONS IN PERSONAL FINANCE COLLEGE EDITION CHAPTER 3: DEBT

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