Welcome to the “Finance for Everyone Toolkit: Borrowing” video lesson intended to acquaint learners with the concept of borrowing. During this lesson, viewers will go through a seven-step process for taking out a loan. In addition, learners will come to understand the repercussions of failing to pay back a loan as agreed. This video lesson is part of the “Finance for Everyone Toolkit,” which provides non-financial employees with foundational knowledge on finance topics.
Overview
COURSE DIFFICULTY
COURSE DURATION
8m
Skills Learned
After completing this online training course, students will be able to:
Understand Different Types of Borrowing Options
Analyze Interest Rates and Loan Terms
Evaluate the Impact of Borrowing on Personal and Business Finances
Develop Strategies for Responsible Borrowing
Identify Key Factors in Loan Approval Processes
Individuals interested in understanding borrowing concepts, Finance professionals, Small business owners, Students studying finance
None
01. Introduction to Borrowing Concepts
02. Types of Borrowing Options Available
03. Understanding Interest Rates and Loan Terms
04. Evaluating Borrowing Impact on Financial Health
05. Strategies for Responsible Borrowing
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand Different Types of Borrowing Options
Analyze Interest Rates and Loan Terms
Evaluate the Impact of Borrowing on Personal and Business Finances
Develop Strategies for Responsible Borrowing
Identify Key Factors in Loan Approval Processes
WHO SHOULD ATTEND
Individuals interested in understanding borrowing concepts, Finance professionals, Small business owners, Students studying finance
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Borrowing Concepts
02. Types of Borrowing Options Available
03. Understanding Interest Rates and Loan Terms
04. Evaluating Borrowing Impact on Financial Health
05. Strategies for Responsible Borrowing
