Lesson 7: Reducing debt

Lesson Questions

1. Is a personal loan to buy stocks and shares a good debt or a bad one? If you think it's a good debt, is it still good if you can't really afford it?
2. How do you feel about your credit card (if you have one or more)? Do you love its convenience? How does it make you feel about money? Does it seem real?
3. If you have a lot of debts you are probably living beyond your means. Looking at your house, the car, mortgage, loan and credit card payments, what can you do to get out of debt?
4. Why do people want bigger houses now than they did twenty or thirty years ago, even though fewer people on average are living in them? What do you think is driving this trend?

  1  2  3  4  5 

Print this page