Managing Debt and Credit
Managing Debt and Credit
 
Whether you're looking to buy a car, finance a house, or fund a child's education, your ability to borrow the money you need can help you pursue your financial goals more effectively. In this session, you'll learn how to use credit wisely, how to recognize the warning signs of credit overuse, and how to dig out of debt and stay out.

This session will help you:
  • Learn how a good credit rating can help you pursue your financial goals.

  • Understand the difference between borrowing for investment and borrowing for consumption.

  • Calculate your net worth.

  • Evaluate the cost of credit.

  • Maintain a good credit rating.
Taking note
 
Managing Debt and Credit
The Birth of Credit
Types of Credit
Installment Debt
Revolving Credit
Determine Your Credit Profile
Key Steps to Managing Credit
How Much Debt Can You Afford?
Shopping for Credit
Annual Credit Check
Do You Have Too Much Debt?
Digging Out From Debt
Strategies to Pay Down Debt
How Long Will It Take?
Build Your Savings
Smart Credit Management