No. of mini-lessons4
No. of mini-lessons 4
The world is awash with debt. Individuals, corporations, and even nations are caught up in the cycle of borrowing and spending.
Taking on debt can help companies grow, just like it can help people purchase homes and other things they might not be able to afford outright. The problem is, if you don’t organize your finances to manage your debts, you can fall into what’s called a ‘debt spiral’. This course is designed to guide everyone on how to tackle excess debt. It will outline 2 different strategies (the debt avalanche method and the debt snowball method) as well as offering other handy tips.
How debt works
How to distinguish between good and bad debt
The difference between the avalanche and snowball methods of paying off debt
How to form a plan to get out of debt
Why your teams need this course
Debt can cause all sorts of problems, and can be a major cause of stress. The good news is there are practical techniques that can help people manage their debt. This course will show everyone how to best organize their efforts.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
Other courses in this collection
Good Money Habits: Personal Budget Management
Train everyone on creating a budget plan and teach them helpful budgeting tools with this course.
Setting Financial Goals
Train everyone on the importance of financial goals and help them set objectives to achieve them with this course.