Debt can be an effective way to increase your net wealth if used for the right purposes and in the right way. There are differences between ‘good’ debt and ‘bad’ debt. This module will help you to identify the right way of taking on debt.

This module covers:

  • some early warning signs to serious credit problems
  • the differences between good and bad debt
  • the possible perils of paying off debt with debt
  • calculating your debt-to-income ratio, and
  • some tips to dealing with debt.
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