Module 7: The Bottom Line on Borrowing

Real life – Real Budget – Real Debt

Now that you know the importance of establishing credit and managing your debt, it's time to share your knowledge with others so they don't get into financial difficulties.

Imagine that you are one of the top personal financial advisors in the nation and have been asked to share your strategies about how to avoid getting into debt in the first place, and manage debt if you already have some. Write a magazine article or create a webpage teaching these financial skills targeted at people ages 15-21. This population is either getting their first job or starting a career and will begin to make independent financial decisions. They need your financial expertise so they can be on the road to financial success!

Discuss the top 5 ways this population can avoid debt and the top 5 ways they can manage debt. For each of the 5 ways, provide a short description indicating how following that guideline will lead to financial success.

Your magazine article or webpage should be 500-750 words and include pictures and charts to illustrate important ideas. Before you begin your assignment, please view this rubric so that you understand how your assignment will be graded.

Once you have completed your presentation, please submit it to the dropbox.

Once you have completed this module, please complete the module test.