Debt Financing Explained! Real Estate Investing Money Finance Debt Leverage Interest Explained
This course provides an in-depth look at debt financing, covering topics such as credit card debt, student loans, mortgages, and more. It is designed to help individuals understand the different types of debt and how to leverage them to their advantage. The course also explains the importance of interest rates and how to use debt to invest in real estate. ▼
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Course Feature
Cost:
Free Trial
Provider:
Skillshare
Certificate:
Paid Certification
Language:
English
Start Date:
On-Demand
Course Overview
❗The content presented here is sourced directly from Skillshare platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.
Updated in [February 21st, 2023]
What does this course tell?
(Please note that the following overview content is from the original platform)
This class is built for you to understand different types of debt financing. 80% of Americans have debt and that's another reason why this class was created.
We will dive into the following types of debt:
Credit Card Debt
Auto Debt
Mortgage Debt
I am creating a separate class for school loan debt as this is a complicated subject
Like all of my classes this is interactive so you'll be working on the attached spreadsheet to learn how:
Daily compounding interest works on credit cards
Loan amortization schedules work for both auto and home loans
Be able to decide if a cash back or 0% interest financing offer is better for cars
At the end of this class you will:
Understand banks' incentives for you to get a loan (they make a lot of money off of you)
Understand how the different types of debt financing work - credit cards vs. auto loans vs. home loans
The Pros and Cons of each type of debt
Myths of Personal Finance
Do you really own your home?
Do you have to keep a balance on a credit card to build your credit?
I hope you enjoy my class as this is my dream job! Helping average people like you and me control their finances, earn their financial freedom and live a stress free life!
What can you get from this course?
We consider the value of this course from multiple aspects, and finally summarize it for you from three aspects: personal skills, career development, and further study:
(Kindly be aware that our content is optimized by AI tools while also undergoing moderation carefully from our editorial staff.)
What skills and knowledge will you acquire during this course?
By taking this course, learners will acquire knowledge and skills related to debt financing, such as understanding the different types of debt financing, learning how daily compounding interest works on credit cards, loan amortization schedules for auto and home loans, and how to decide if a cash back or 0% interest financing offer is better for cars. Learners will also gain an understanding of banks' incentives for them to get a loan, the pros and cons of each type of debt, and the myths of personal finance. Additionally, learners will be able to apply their knowledge of debt financing to make informed decisions about their own financial situation, identify and debunk common myths about personal finance, and understand the incentives banks have for them to take out loans. Finally, learners will be able to pursue career paths such as becoming a financial advisor, a loan officer, or a financial analyst, as well as pursue degree paths such as a Bachelor of Science in Finance, a Master of Science in Financial Planning, or a Master of Business Administration in Finance.
How does this course contribute to professional growth?
This course contributes to professional growth by providing learners with an understanding of different types of debt financing, such as credit card debt, auto debt, and mortgage debt. It also provides an interactive experience to learn how daily compounding interest works on credit cards, loan amortization schedules for auto and home loans, and how to decide if a cash back or 0% interest financing offer is better for cars. Additionally, learners will gain an understanding of banks' incentives for them to get a loan, the pros and cons of each type of debt, and the myths of personal finance. This knowledge can be applied to make informed decisions about their own financial situation. Furthermore, the course provides learners with possible career paths, such as becoming a financial advisor, a loan officer, or a financial analyst, as well as degree paths, such as a Bachelor of Science in Finance, Master of Science in Financial Planning, or Master of Business Administration in Finance. This course provides learners with the knowledge and skills necessary to pursue a career in finance, banking, or investments.
Is this course suitable for preparing further education?
This course is suitable for preparing further education, as it provides learners with a comprehensive understanding of debt financing, compounding interest, loan amortization schedules, and other financial topics. It also provides learners with the knowledge and skills necessary to pursue a degree in finance, economics, or accounting. Additionally, the course provides learners with the opportunity to explore career paths such as financial analyst, financial planner, and investment banker.
Pros & Cons
Easily explained
Passionate instructor
Breaks down complex topics
Not taught in school
Can be dry and boring
Not suitable for all ages
Course Provider
Provider Skillshare's Stats at AZClass
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