Learn about debt and credit related, personal finance decisions, from a Certified Public Accountant (CPA)
Why take this course?
π§Ύ Master Personal Finance: Understand Debt & Credit with Expert CPAs
Course Description:
Embark on a financial journey and unlock the secrets of effective credit management in our comprehensive course, “Personal Finance #4 – Credit: Sources, Costs, Pros & Cons.” Taught by the esteemed Robert (Bob) Steele, a Certified Public Accountant (CPA), this online course is your key to making informed financial decisions related to debt and credit.
π What You’ll Learn:
- Credit Tools & Decision Making: Gain insights into the tools available to guide your personal financial decisions, with a focus on managing and understanding credit.
- Advantages & Disadvantages of Using Credit: Learn about the various advantages and disadvantages associated with credit usage and understand the associated costs so you can make better financial choices.
- Types of Credit & Financial Institutions: Explore different types of credit, such as closed-end vs. open-end credit, and learn which financial institutions best suit your personal debt needs. Discover the nuances of how different financial institutions operate.
- The 5 C’s of Credit: Dive deep into the factors that impact an individual’s access to credit with a focus on:
- Character – Your financial history and creditworthiness.
- Capacity – Your ability to manage monthly payments and debt obligations.
- Capital – The cash, assets, or investment you have.
- Collateral – Assets you offer to secure a loan.
- Conditions – The financial environment at the time of credit application.
- Equal Credit Opportunity Act (ECOA): Understand your rights under ECOA and what to do if you’re denied credit.
- Credit Costs & Decision Making: Learn about the costs associated with different types of loans, including interest rates, fees, and other factors that can impact the total cost of borrowing.
- Interest Calculation Methods: Get to grips with various methods of calculating interest to better manage your personal finances.
- Real-World Applications: Apply your knowledge with example problems and practice scenarios. Utilize downloadable Excel Workbooks to work through problems step-by-step, with a dedicated tab for answer keys and another for guided problem-solving alongside instructional videos.
Why Take This Course?
β Expert Instruction: Learn from Robert (Bob) Steele, a Certified Public Accountant with extensive experience in personal finance and credit management.
π Practical Tools: Use downloadable Excel Workbooks to practice what you’ve learned, with step-by-step guidance and answer keys included.
π€ Real-World Application: Transition your learning into practical financial strategies that can be applied to your personal finances.
π Empower Your Financial Future: Make informed decisions about debt and credit, and take control of your financial health.
Enroll Now to Navigate Your Credit Score with Confidence! π
By taking this course, you’re not just learning financial conceptsβyou’re equipping yourself with the tools to make smarter financial decisions for a lifetime. Join us and transform your understanding of personal finance! π°π‘