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For session 2, you will learn the second principle of S.A.V.E., which is Avoid the Use of Debt. This topic will cover:
- 4 reasons why you should avoid debt
- Guidelines on lending
- Questions to ask before taking on debt
- How to get out of debt
- A lesson on interest rates
- Strategies on how to pay down your debt
- How to use the debt management worksheet (included in the Excel toolkit)
DOWNLOAD S.A.V.E. Session 2 Slides
DOWNLOAD S.A.V.E. Workbook
DOWNLOAD S.A.V.E. Toolbox
Note: For the Toolbox, once opened in Google Sheets, click File>Download and select Microsoft Excel. Please note the Investment and Retirement functions are disabled.
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