Workshop Six

Lesson 6: Managing Debt Wisely

🎥 Watch the lesson video below. The quiz will unlock once 95% of the video has been watched.

📘 Read What You’ll Learn Before Watching The Lesson

Debt can be a helpful tool — or a heavy burden. Managing it wisely means keeping control of what you owe and paying it off strategically. This module teaches practical ways to reduce debt, avoid late payments, and protect your credit score in the process.

You'll discover how to prioritize high-interest debts, understand debt repayment strategies, and avoid taking on more debt than you can handle. Smart debt management builds confidence, stability, and financial freedom over time.

  • Understand good vs. bad debt.
  • Learn repayment strategies like the snowball and avalanche methods.
  • Develop habits that keep your debt manageable and your score healthy.
🔒 The quiz will unlock once 95% of the video has been watched.

🎯 Quiz: Managing Debt Wisely

1. What is the key to managing debt wisely?

2. What is the "snowball method" of paying off debt?

3. What can happen if you miss multiple loan payments?

4. What’s one sign of unmanageable debt?

5. What’s a healthy habit for staying out of debt trouble?

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