Money School: Debt

Name: Money School: Debt
Rating: 4.4 (92 reviews)

How debt works, how to get out of bad debt fast, and how to stay out of it!

Last updated 11/2017

English

What you'll learn

3 sections • 7 lectures • 53m total length

Course Introduction - what to expect2:28
This introductory video will outline our debt course so you know what you can expect from the materials on this page.

How debt works9:48
Everything you wish you'd been taught about debt at school, including:

how debt works,
why you might want debt,
why lenders want you to have debt, and
good debt vs. bad debt
My Current Debt
'Pay it off quickly' strategy8:40
The strategy to use when you have multiple debts and you're feeling like you'll never get on top of them. This can save you masses of money and time, and help you avoid debt consolidation.
My Debt Reduction Plan
Stay out of (bad) debt11:01
Now you're out of debt, learn three strategies to help you avoid ending up there again! If you haven't been in debt before, you can use these strategies to avoid ever getting into debt in the first place.

Access to a device for playing videos and suitable internet connection to play them

Welcome to Money School's course on debt - where you'll learn everything you wish you'd been taught about debt in school! We'll be covering:

We decided to make this course freely available for three reasons:

Those who need it, can't afford it. It would feel bad to ask you to use a credit card when we'd prefer you paid it off. So we're taking away the excuses - now this training is free, you just need to commit your time to complete it.
Those who need it, can't become financially independent. Having large amounts of consumer debt makes financial independence (almost) impossible. We hope that by helping you get debt-free, you'll consider taking the next steps toward financial independence.
Young people need this knowledge. We want you to share this with the young people in your life - those not yet 18 years old - so they know how to avoid the woes of consumer debt. Imagine if you'd known how to manage debt BEFORE you got your first loan or credit card?