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THis is an excellent video to show to your economics classes. Divide it into three viewings to allow for discussion. This is easy to understand and it does a great job of explaining the notion of Money as Debt. Watch it the entire way though, of course, before you show it to your classes, but be ready for some great discussions!
Financial education can help you to avoid bad financial decisions, credit card debt and poor financial planning for the future. In this interactive multimedia course, a series of seven dynamic modules covering everything from how to set up your first bank account to planning for your retirement will put you on the path to financial fitness. The course is suitable for the young, the workforce and for families - or indeed anyone seeking an introduction to financial skills.
This version of the Financial Literacy course has been created primarily for residents of the USA.
A lot of the problem that generally arises is from that of how you deal with the expenses. Often there is lack of coordination and there is no account of how much of spending is done by both of you, without any tandem. At the same time, there is also a chance that your better half might incur a huge amount of debt by making use of the credit card. Since the issue is mainly financial, having a discussion to sort out the matter does appear to be a viable alternative.
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