Welcome to “Personal Financial Health: Making a Debt Payment Plan,” a video lesson dedicated to helping learners understand debt and create a plan for reducing the amount they owe. This video lesson is the fifth of nine in the Personal Financial Health course, which is designed to help learners improve their financial well-being and gain control over their finances. During this lesson, viewers will learn what debt is and how it affects their finances, as well as the difference between good debt and bad debt. In addition, learners will become familiar with the steps for creating a strong debt payment plan.
Overview
COURSE DIFFICULTY
COURSE DURATION
8m
Skills Learned
After completing this online training course, students will be able to:
Create a personalized debt payment plan
Identify strategies for managing and reducing debt
Understand the impact of interest rates on debt repayment
Develop a budget to support debt payment efforts
Individuals seeking to improve their financial health, Those in debt looking for structured payment plans, Financial literacy beginners
None
01. Introduction to Personal Financial Health
02. Understanding Debt and Its Implications
03. Creating a Debt Payment Plan
04. Budgeting for Debt Repayment
05. Strategies for Managing Debt Effectively
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Create a personalized debt payment plan
Identify strategies for managing and reducing debt
Understand the impact of interest rates on debt repayment
Develop a budget to support debt payment efforts
WHO SHOULD ATTEND
Individuals seeking to improve their financial health, Those in debt looking for structured payment plans, Financial literacy beginners
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Personal Financial Health
02. Understanding Debt and Its Implications
03. Creating a Debt Payment Plan
04. Budgeting for Debt Repayment
05. Strategies for Managing Debt Effectively
