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Managing Debt

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Managing Debt

This course is part of The Fundamentals of Personal Finance Specialization

Instructor: Brian Walsh

5,994 already enrolled

Included with

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4 modules

Gain insight into a topic and learn the fundamentals.

28 reviews

Beginner level

Recommended experience

8 hours to complete

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

28 reviews

Beginner level

Recommended experience

8 hours to complete

Flexible schedule

Learn at your own pace

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

20 assignments

Taught in English

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This course is part of the The Fundamentals of Personal Finance Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 4 modules in this course

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.

Module details

This module will help you understand the difference between good and bad debt, the cost of debt, and the important factors that go into buying (and then owning) a home.

What's included

15 videos4 readings7 assignments

15 videosTotal 67 minutes

How Debt Works4 minutes
Debt - Interest, APR and Fees6 minutes
Debt Amortization6 minutes
Getting Ready to Apply for a Loan4 minutes
Types of Debt5 minutes
Good Debt vs. Bad Debt7 minutes
Measuring and Assessing Your Debt3 minutes
Mortgage Basics6 minutes
Key Mortgage Ratios4 minutes
Mortgage Amortization3 minutes
Types of Mortgages - Part 14 minutes
Types of Mortgages - Part 23 minutes
Top 5 Mortgage Mistakes4 minutes
HELOCS and HELs4 minutes
Refinancing Home Loans3 minutes

4 readingsTotal 26 minutes

Welcome to Managing Debt3 minutes
Activity - Categorize and Prioritize Your Debt10 minutes
Understanding the Different Types of Mortgage Loans8 minutes
Cash-Out Refinance 101: How Cash-out Refinancing Works5 minutes

7 assignmentsTotal 63 minutes

Correctly Identify Different Types of Debt6 minutes
Different Ways Interest Can be Calculated5 minutes
Home Affordability5 minutes
Types of Mortgages7 minutes
Mortgage Components and Payments5 minutes
Mortgage Refinancing5 minutes
Understanding the Basics of Debt and Home Loans30 minutes

This module will help you understand the different kinds of student loans and the pros and cons of each. It will also help you understand payment options and the impact of refinancing student loan debt.

What's included

8 videos3 readings4 assignments

8 videosTotal 37 minutes

Student Loan Basics5 minutes
Federal Student Loans4 minutes
Student Loan Repayment Basics5 minutes
Federal Student Loan Repayment Options6 minutes
Student Loan Forgiveness Programs4 minutes
Student Loan Deferment & Forbearance4 minutes
Private Student Loans4 minutes
Refinancing Student Loans5 minutes

3 readingsTotal 18 minutes

Federal Student Loan Basics7 minutes
Private Student Loan Basics 6 minutes
Student Loan Options: What is Refinancing vs Consolidation?5 minutes

4 assignmentsTotal 42 minutes

Student Loans6 minutes
Student Loan Payment Options6 minutes
Student Loan Refinancing6 minutes
Addressing Student Loan Debt24 minutes

This module will help you understand credit cards, auto loans, and personal loans.

What's included

9 videos3 readings6 assignments

9 videosTotal 41 minutes

Types of Credit Cards4 minutes
How Credit Cards Work7 minutes
Credit Card Balance Transfers4 minutes
6 Tips of Maximizing Credit Card Rewards6 minutes
Managing Your Credit Cards4 minutes
Keeping Credit Card Debt in Check3 minutes
Auto Loans4 minutes
4 Tips for Getting the Best Auto Loan for You4 minutes
Personal Loans5 minutes

3 readingsTotal 14 minutes

How Do Credit Card Payments Work?5 minutes
Understanding Credit Card Rewards5 minutes
The Problem with Payday Loans4 minutes

6 assignmentsTotal 51 minutes

Credit Card Basics7 minutes
Components of Credit Cards4 minutes
Credit Card Repayment Options5 minutes
Other Debts7 minutes
Types of Debt8 minutes
Managing Credit Cards and Other Debt20 minutes

This module will help you understand strategies to pay down debt, how to determine which strategy is right for your personal situation, and ways to implement your chosen strategy.