Managing Debt
This course is aimed at anyone who has debt, is thinking of taking on debt, or wants to better understand debt as part of your overall financial picture. It covers a variety of debt types, as well as debt payment options. The course will help you assess your current debt situation and understand the paths to paying off your debt. This includes categories such as mortgages, credit card debt, and student loans. Learn how to differentiate between good and bad debt, as well as how to think about debt as you work towards your financial goals.
Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- المدة 8 ساعات hours
- الطبع بواسطة SoFi
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Offered by
عن
This course is aimed at anyone who has debt, is thinking of taking on debt, or wants to better understand debt as part of your overall financial picture. It covers a variety of debt types, as well as debt payment options. The course will help you assess your current debt situation and understand the paths to paying off your debt. This includes categories such as mortgages, credit card debt, and student loans. Learn how to differentiate between good and bad debt, as well as how to think about debt as you work towards your financial goals. This course is geared towards learners in the United States of America.الوحدات
Diving Into the Basics of Debt
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4
Videos
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1
Readings
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1
Assignment
1
Assignment
- Correctly Identify Different Types of Debt
4
Videos
- How Debt Works
- Debt - Interest, APR and Fees
- Debt Amortization
- Getting Ready to Apply for a Loan
1
Readings
- Welcome to Managing Debt
Assessing Your Debt
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3
Videos
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1
Readings
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1
Assignment
1
Assignment
- Different Ways Interest Can be Calculated
3
Videos
- Types of Debt
- Good Debt vs. Bad Debt
- Measuring and Assessing Your Debt
1
Readings
- Activity - Categorize and Prioritize Your Debt
Comparing the Different Types of Mortgages
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5
Videos
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1
Readings
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2
Assignment
2
Assignment
- Home Affordability
- Types of Mortgages
5
Videos
- Mortgage Basics
- Key Mortgage Ratios
- Mortgage Amortization
- Types of Mortgages - Part 1
- Types of Mortgages - Part 2
1
Readings
- Understanding the Different Types of Mortgage Loans
Accessing Equity and Refinancing Your Mortgage
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3
Videos
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1
Readings
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2
Assignment
2
Assignment
- Mortgage Components and Payments
- Mortgage Refinancing
3
Videos
- Top 5 Mortgage Mistakes
- HELOCS and HELs
- Refinancing Home Loans
1
Readings
- Cash-Out Refinance 101: How Cash-out Refinancing Works
Module Quiz
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1
Assignment
1
Assignment
- Understanding the Basics of Debt and Home Loans
Understanding the Types of Student Loans
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2
Videos
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2
Readings
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1
Assignment
1
Assignment
- Student Loans
2
Videos
- Student Loan Basics
- Federal Student Loans
2
Readings
- Federal Student Loan Basics
- Private Student Loan Basics
Choosing Repayment Approaches
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4
Videos
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1
Assignment
1
Assignment
- Student Loan Payment Options
4
Videos
- Student Loan Repayment Basics
- Federal Student Loan Repayment Options
- Student Loan Forgiveness Programs
- Student Loan Deferment & Forbearance
Consolidating and Refinancing Student Loans
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2
Videos
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1
Readings
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1
Assignment
1
Assignment
- Student Loan Refinancing
2
Videos
- Private Student Loans
- Refinancing Student Loans
1
Readings
- Student Loan Options: What is Refinancing vs Consolidation?
Module Quiz
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1
Assignment
1
Assignment
- Addressing Student Loan Debt
Understanding the Basics of Credit Cards
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3
Videos
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1
Readings
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1
Assignment
1
Assignment
- Credit Card Basics
3
Videos
- Types of Credit Cards
- How Credit Cards Work
- Credit Card Balance Transfers
1
Readings
- How Do Credit Card Payments Work?
Comparing Different Types of Credit Cards
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1
Videos
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1
Readings
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1
Assignment
1
Assignment
- Components of Credit Cards
1
Videos
- 6 Tips of Maximizing Credit Card Rewards
1
Readings
- Understanding Credit Card Rewards
Using Credit Cards Responsibly
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2
Videos
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1
Assignment
1
Assignment
- Credit Card Repayment Options
2
Videos
- Managing Your Credit Cards
- Keeping Credit Card Debt in Check
Managing Other Types of Debt
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3
Videos
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1
Readings
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2
Assignment
2
Assignment
- Other Debts
- Types of Debt
3
Videos
- Auto Loans
- 4 Tips for Getting the Best Auto Loan for You
- Personal Loans
1
Readings
- The Problem with Payday Loans
Module Quiz
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1
Assignment
1
Assignment
- Managing Credit Cards and Other Debt
Developing an Understanding of Your Debt
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2
Videos
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1
Readings
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1
Assignment
1
Assignment
- Debt Repayment
2
Videos
- Using the Good Debt/Bad Debt Framework to Prioritize Your Debt
- Debt Paydown in the Context of Your Next Money Move
1
Readings
- Summary of Good Debt Types, Bad Debt Types, & Prioritization
Choosing a Debt Paydown Strategy
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4
Videos
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1
Readings
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1
Assignment
1
Assignment
- Paying Down Debt
4
Videos
- Paying Down Debt
- The Snowball Method
- The Avalanche Method
- The Fireball Method
1
Readings
- How to Pay Off Debt in 9 Steps
Implementing a Debt Paydown Plan
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3
Readings
3
Readings
- Creating a Debt Reduction Plan
- Activity - Credit Card Payoff Calculator
- Putting Your Debt Paydown Strategy into Action
Module Quiz
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1
Assignment
1
Assignment
- Paying Down Debt Strategically
Auto Summary
"Managing Debt" is an essential course designed to empower individuals with the knowledge and strategies needed to effectively manage and understand debt within their financial landscape. Led by Coursera, this foundational course dives into various types of debt, including mortgages, credit card debt, and student loans, providing clear insights into debt payment options and the differentiation between good and bad debt. With a focus on helping learners assess their current debt situations, the course aims to equip participants with practical tools to create a plan for paying off debt and achieving financial goals. Tailored specifically for those in the United States, this course is an invaluable resource for anyone currently in debt, considering taking on debt, or simply looking to enhance their financial literacy. The course spans 480 minutes of comprehensive content and is available through Coursera's subscription plans, including Starter and Professional options. Ideal for individuals at the foundational level of personal finance, "Managing Debt" is your gateway to mastering debt management and securing a healthier financial future.
Brian Walsh