DEBT AND DEBT MANAGEMENT COURSE

Gladys-Juma-Founder-CEO-Gladysjuma.com_
Gladys Juma
Last Update November 27, 2021
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About This Course

Very little is as stressful as a difficult financial situation. Acquiring a large amount of debt can be a source of great anxiety and worry for many people. Debt will keep you from reaching your financial goals, like saving for retirement or for home down payment, causing you to regret the limits debt has placed on your life and to be in constant worry about your finances. Fortunately, debt isn’t a life sentence. You can – and should – make getting rid of debt a priority.

This course is designed to help you get started on the road to becoming debt free. There is a lot of information available about debt and debt management, perhaps even too much information. The course attempts to simplify much of that information moving it from theoretical ideas to actual implementation. The course will teach you good debt management practices and give you helpful tips for preventing and alleviating debt. You will get the tools you need to help you take steps now that will make a difference to your position.

There are varied reasons why people put off dealing with their debt position. Perhaps you don’t feel ‘able’ to get free of debt. You may be thinking, ‘I’m too deep into debt to break free’. Maybe you simply do not know where to start and have many questions about the process: Which debts should be paid off first? How much should you pay each month to get out of debt? Is the minimum payment enough? How long will it take? Will it be hard?’ The goal of this course is to help you get started and alleviate some of those worries. One of the most important steps is simply starting the process – it is neither too early nor too late for you to begin. The course breaks down debt management into different modules, with each module building on the last.

Learning Objectives

Learn more about debt
How to quickly alleviate and stay out of it.
Tips on managing your personal debt.

Material Includes

  • Lessons
  • Quizzes
  • Downloads

Requirements

  • You will then get a final word under ‘Your marching orders’ after which you will undertake the final course assessment.

Target Audience

  • Are you in Debt? Learn to manage it with this program

Curriculum

28 Lessons 15 hours

DEBT MANAGEMENT QUIZ

Assess your current debt-related practices by taking this quiz. Choose the score that best describes the frequency with which you practice each of the 20 debt management actions listed.
DEBT MANAGEMENT QUIZ

MODULE 1: INTRODUCTION TO DEBT AND DEBT MANAGEMENT

This module will help you gain an understanding of what ‘debt’ and ‘debt management’ is and teach you how you can leverage debt. You will also identify your debtors and establish how much you owe.

MODULE 2: MONEY MENTALITY – Understanding your relationship with money

This module will help you get a clear view of how you relate with money and the effects of this relationship on your debt position. You will get tips on how to shift to a more effective mindset.

MODULE 3: TYPES OF DEBT AND HOW DEBT WORKS

This module comprehensively covers how debt works. You will also learn how to make informed decisions when taking up debt and also gain a greater understanding on certain types of debt.

MODULE 4: COMMON DEBTS EXPLAINED

This module introduces the common examples of debt. You will understand what credit card debt and mortgages are and learn how to manage them. Before we embark on settling the debts, learn more about mortgages and credit card debts being the most common forms of debt, be it investment or personal debt.

MODULE 5: WHY WE GET INTO DEBT

In this module, we will discuss the crucial reasons why people get into debt. You will learn that sometimes it is as a result of faults that are not our own.

MODULE 6: HOW TO GET OUT OF DEBT

This module will help you identify debts to prioritize and pay off first, based on your chosen strategy. You will study the steps of getting out of debt.

MODULE 7: HOW TO STAY OUT OF DEBT

This module teaches you how to avoid common financial mistakes and misunderstandings, that get you into debt. You will learn tips to help you stay out of debt.

MODULE 8: SEEKING HELP

This module will teach you the importance of seeking help. You will learn how, when, where and what to look out for in an adviser. You will also learn the importance of having some little know-how on the area of money in order to ask the right questions and get the best advice.

YOUR MARCHING ORDERS

Being debt free is liberating and leaves one in a beautiful place. When you eliminate a debt, you eliminate one of those monthly bills. You therefore have less money going out each month and more money flowing into your life and staying there. This essentially results to a larger difference between your monthly income and your required monthly bills providing more smart spending options that didn’t exist before. Although things will not change overnight, being aware of your debt position and dealing with beginning to deal with it gets you started on a journey towards financial recovery and abundance. Many mistakes may result, some very costly, if you fail to act accordingly. It is not late to make amends, begin today.

Your Instructors

Gladys Juma

Personal Finance Coach

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Reviews (1)

Best course to help you get started on the road to becoming debt free.