• Business Studies at Coláiste na Mí
    • About this Website
    • Schemes of Work 2020-2021
  • 2 Week First Year Taster Course
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • 1st Year Homework
    • Personal Finance 1 >
      • Income and Expenditure
      • Personal Financial Life Cycle
  • First Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • 1st Year Homework
    • Personal Finance 1 >
      • Income and Expenditure
      • Personal Financial Life Cycle
      • The Analysed Cash Book and Balancing Accounts
      • Financial Service Providers
      • The Consumer >
        • The Wise Consumer
        • Your Consumer Rights
    • Enterprise 1 >
      • Chain of Production and Channels of Distribution
      • Work and Employment
      • The Importance of Enterprise and The Entrepreneur in an Economy
      • The Business Needs: New Ideas and Product Development
      • Marketing Your Business
    • Economics 1 >
      • Introducing Economics to First Year Students
      • Economics Key Terms and Indicators
      • Economics Task
    • Apprentice Challenge
  • Second Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • Classroom Based Assessment 1
    • Personal Finance 2 >
      • Personal Insurance
      • Saving and Investing Your Money
      • Borrowing Money
      • Working out Your Wages and Paying Taxes
    • Enterprise 2 >
      • Chain of Production and Channels of Distribution
      • Forms of Business Ownership
      • Business Finance
      • Planning a Business Strategy and Cash Flow Forecasts
      • Bookkeeping and Record Keeping
      • Business Documents and Business Transactions
      • Business Technology
    • Economics 2 >
      • Consumers and Utility
      • Demand and Supply
      • Market Structures
  • Third Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • Classroom Based Assessment 2
    • NCCA Sample Questions
    • 2019 New Junior Cert Exam
    • 3rd Year Homework
    • Personal Finance 3 >
      • Household Budgets
      • Your Consumer Responsibilities-Ethical Shopping
    • Enterprise 3 >
      • Final Accounts >
        • Final Accounts 1: The Income Statement 1
        • Final Accounts 2: The Income Statement 2
        • Final Accounts 3: The Statement of Financial Position
      • Statement of Financial Position: Ratios
    • Economics 3 >
      • Economic Systems and Economic Growth
      • Taxation in Ireland
      • Ireland: The Government and the Economy
      • The EU, Ireland, and Brexit
      • International Trade
      • Globalisation and Transnational Companies
  • Transition Year
    • 4th Year Homework
    • Podcasts
    • Business Studies >
      • TY Business Scheme of Work
      • Introducing Business to Transition Year Students
      • People in Business and Relationships
      • Management Skill: Leadership
      • Marketing
      • Factors of Production and Categories of Industry
      • International Trade
    • Accounting >
      • TY Accounting Scheme of Work
      • Transition Year Accounting Introduction
      • Transition Year Accounting Scheme of Work
      • Cash Flow Forecasts
      • Cash Budgets
      • Tabular Statements
      • Business Documents and Business Transactions
    • Economics >
      • Introducing Economics to Transition Year Students
      • Macroeconomics >
        • Key Economic Terms
        • Economic Activities
        • Economic Systems
        • Ireland's Economy- What happened?
      • Micro Economics >
        • Consumers and Utility
        • Demand and Supply
        • Price Elasticity
        • Market Structures
    • Enterprise >
      • Enterprise Scheme of Work
      • Introduction
      • Video Clips
      • Mini-Company
      • Entrepreneur and Enterprise Task
      • Social Media and Enterprise
      • Fuse Bar Case Study
      • Bill Gates Case Study
    • Learn to Earn Banking Programme
    • How to be Good with Money
    • Senior Cycle Information
  • Fifth Year
    • Course Breakdown and Exam Tips
    • Scheme of Work
    • How to answer Leaving Cert Business Questions
    • Leaving Cert Abbreviations
    • 5th Year Homework
  • Sixth Year
    • Course Breakdown and Exam Tips
    • Scheme of Work
    • The Applied Business Question 2021
    • How to answer Leaving Cert Business Questions
    • Leaving Cert Abbreviations
    • 6th Year Homework
  • Leaving Cert Units
    • Unit 1 >
      • People In Business
      • Conflict Resolution: The Consumer
      • Conflicting Interests: Industrial Relations
    • Unit 2 >
      • Enterprise and The Entrepreneur
    • Unit 3 >
      • Management Skills and Activities: Leadership and Motivation
      • Management Skills and Activities: Communication
      • Management Skills and Activities: Planning, Organising, and Controlling
    • Unit 4 >
      • Household and Business Management: Cash Flow Forecasts and Finance
      • Household and Business Management: Insurance and Tax
      • Human Resource Management
      • Monitoring the Business: Ratios
      • Managing Change
    • Unit 5 >
      • Business Start Up
      • Marketing
      • Business Opportunities
      • Business Expansion
    • Unit 6 >
      • Factors of Production and Categories of Industry
      • Ownership Structures
      • Business, Government, and The Economy
      • Community Development
      • Business Ethics and Social Responsibility
    • Unit 7 >
      • International Trade
      • The European Union
      • Global Business
    • Forms Quizzes

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Borrowing Money 

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In this section, students will be introduced to the key factors and considerations that must be taken into account when looking to borrow money. We will look at what it means to be a wise borrower, as well as examine the different sources of finance open to us as borrowers.

We will also be able to work out and give recommendations on rates of borrowing on offer to us as consumers.

Borrowing Money
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File Type: docx
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Key Word Sporcle
​https://www.sporcle.com/games/MaistirMurtagh/junior-cert-borrowing
  • Business Studies at Coláiste na Mí
    • About this Website
    • Schemes of Work 2020-2021
  • 2 Week First Year Taster Course
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • 1st Year Homework
    • Personal Finance 1 >
      • Income and Expenditure
      • Personal Financial Life Cycle
  • First Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • 1st Year Homework
    • Personal Finance 1 >
      • Income and Expenditure
      • Personal Financial Life Cycle
      • The Analysed Cash Book and Balancing Accounts
      • Financial Service Providers
      • The Consumer >
        • The Wise Consumer
        • Your Consumer Rights
    • Enterprise 1 >
      • Chain of Production and Channels of Distribution
      • Work and Employment
      • The Importance of Enterprise and The Entrepreneur in an Economy
      • The Business Needs: New Ideas and Product Development
      • Marketing Your Business
    • Economics 1 >
      • Introducing Economics to First Year Students
      • Economics Key Terms and Indicators
      • Economics Task
    • Apprentice Challenge
  • Second Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • Classroom Based Assessment 1
    • Personal Finance 2 >
      • Personal Insurance
      • Saving and Investing Your Money
      • Borrowing Money
      • Working out Your Wages and Paying Taxes
    • Enterprise 2 >
      • Chain of Production and Channels of Distribution
      • Forms of Business Ownership
      • Business Finance
      • Planning a Business Strategy and Cash Flow Forecasts
      • Bookkeeping and Record Keeping
      • Business Documents and Business Transactions
      • Business Technology
    • Economics 2 >
      • Consumers and Utility
      • Demand and Supply
      • Market Structures
  • Third Year
    • About the New Junior Cycle
    • Learning Outcomes and Scheme of Work
    • Classroom Based Assessment 2
    • NCCA Sample Questions
    • 2019 New Junior Cert Exam
    • 3rd Year Homework
    • Personal Finance 3 >
      • Household Budgets
      • Your Consumer Responsibilities-Ethical Shopping
    • Enterprise 3 >
      • Final Accounts >
        • Final Accounts 1: The Income Statement 1
        • Final Accounts 2: The Income Statement 2
        • Final Accounts 3: The Statement of Financial Position
      • Statement of Financial Position: Ratios
    • Economics 3 >
      • Economic Systems and Economic Growth
      • Taxation in Ireland
      • Ireland: The Government and the Economy
      • The EU, Ireland, and Brexit
      • International Trade
      • Globalisation and Transnational Companies
  • Transition Year
    • 4th Year Homework
    • Podcasts
    • Business Studies >
      • TY Business Scheme of Work
      • Introducing Business to Transition Year Students
      • People in Business and Relationships
      • Management Skill: Leadership
      • Marketing
      • Factors of Production and Categories of Industry
      • International Trade
    • Accounting >
      • TY Accounting Scheme of Work
      • Transition Year Accounting Introduction
      • Transition Year Accounting Scheme of Work
      • Cash Flow Forecasts
      • Cash Budgets
      • Tabular Statements
      • Business Documents and Business Transactions
    • Economics >
      • Introducing Economics to Transition Year Students
      • Macroeconomics >
        • Key Economic Terms
        • Economic Activities
        • Economic Systems
        • Ireland's Economy- What happened?
      • Micro Economics >
        • Consumers and Utility
        • Demand and Supply
        • Price Elasticity
        • Market Structures
    • Enterprise >
      • Enterprise Scheme of Work
      • Introduction
      • Video Clips
      • Mini-Company
      • Entrepreneur and Enterprise Task
      • Social Media and Enterprise
      • Fuse Bar Case Study
      • Bill Gates Case Study
    • Learn to Earn Banking Programme
    • How to be Good with Money
    • Senior Cycle Information
  • Fifth Year
    • Course Breakdown and Exam Tips
    • Scheme of Work
    • How to answer Leaving Cert Business Questions
    • Leaving Cert Abbreviations
    • 5th Year Homework
  • Sixth Year
    • Course Breakdown and Exam Tips
    • Scheme of Work
    • The Applied Business Question 2021
    • How to answer Leaving Cert Business Questions
    • Leaving Cert Abbreviations
    • 6th Year Homework
  • Leaving Cert Units
    • Unit 1 >
      • People In Business
      • Conflict Resolution: The Consumer
      • Conflicting Interests: Industrial Relations
    • Unit 2 >
      • Enterprise and The Entrepreneur
    • Unit 3 >
      • Management Skills and Activities: Leadership and Motivation
      • Management Skills and Activities: Communication
      • Management Skills and Activities: Planning, Organising, and Controlling
    • Unit 4 >
      • Household and Business Management: Cash Flow Forecasts and Finance
      • Household and Business Management: Insurance and Tax
      • Human Resource Management
      • Monitoring the Business: Ratios
      • Managing Change
    • Unit 5 >
      • Business Start Up
      • Marketing
      • Business Opportunities
      • Business Expansion
    • Unit 6 >
      • Factors of Production and Categories of Industry
      • Ownership Structures
      • Business, Government, and The Economy
      • Community Development
      • Business Ethics and Social Responsibility
    • Unit 7 >
      • International Trade
      • The European Union
      • Global Business
    • Forms Quizzes