Empower yourself with the essential tools to navigate the intricate landscape of personal finance, specifically when it comes to debt and credit decisions. Led by a seasoned Certified Public Accountant (CPA), this course is your key to understanding, managing, and optimizing your financial choices. Course Content: Understanding Credit: Begin by delving into the advantages and disadvantages of utilizing credit, while gaining insight into the associated costs. Uncover the intricacies of credit-related terms, such as closed-end and open-end credit, and explore different loan types to make informed choices. Financial Institutions: Navigate the world of financial institutions and discover how they operate. Learn which institution aligns best with your personal debt-related needs, enhancing your financial decision-making. The 5 C's of Credit Capacity: Explore the factors that impact your ability to access credit, with a focus on the 5 C's of credit capacity: Character, Capacity, Capital, Collateral, and Conditions. Understand how these elements influence your creditworthiness. Equal Credit Opportunity Act (ECOA): Gain an understanding of the Equal Credit Opportunity Act and the rights it affords borrowers. Learn about the options available to individuals if they are denied credit. Credit Costs and Trade-offs: Examine the components and costs of credit, as well as the trade-offs involved in making credit-related decisions. Acquire the knowledge needed to make informed choices that align with your financial goals. Interest Calculation Methods: Delve into the critical topic of interest calculation methods. This knowledge is essential for making sound financial decisions and optimizing your personal finances. Hands-On Learning: Reinforce your understanding with example problems that bring concepts to life. The course includes practice problems, complete with downloadable Excel Workbooks that can be used in conjunction with Google Sheets. These workbooks contain answer keys and step-by-step instructional videos to facilitate your learning journey. By the end of this course, you will be well-prepared to make informed, strategic decisions related to debt and credit. Empower yourself with the financial knowledge and tools needed to unlock financial freedom and achieve your personal financial goals. Join us on this journey to financial empowerment with the guidance of a Certified Public Accountant (CPA).