This lesson comes from my bag of tricks from my days as a full-time missionary in the Spain, Barcelona Mission (the best mission on earth!). We didn’t use this lesson plan but we used word strips like these to discuss and understand that the baptismal covenant is a big promise that we make with Heavenly Father in which we make promises to Him and He makes promises to us.
Fast forward a few years. I decided to adapt this idea into a Family Home Evening lesson so I could begin to teach my children the concept of what a covenant is, and discuss baptism. If we are going to make a big promise with Heavenly Father we should probably understand what we are promising! I have found that this is a perfect lesson to pull out every few months as a refresher.