id,title,slug,link,category_id,tags,type_id,image,provider_id,publisher_id,university_id,institution_id,duration,cost_id,certificate,difficulty,description,syllabus,pages,added_date,published_date,bad_link,popular
32137,"Debt Financing Explained! Real Estate Investing, Money, Finance, Debt, Leverage, Interest Explained",debt-financing-explained-real-estate-investing-money-finance-debt-leverage-interest-explained-32137,,2,,1,https://d3f1iyfxxz8i1e.cloudfront.net/courses/course_image/ed7769de3eb1.jpeg,83,,,,Finished,,,,"<p>This class is built for you to understand different types of debt financing. 80% of Americans have debt and that's another reason why this class was created.</p>
<p>We will dive into the following types of debt:</p>
<ul><li>Credit Card Debt
<li>Auto Debt
<li>Mortgage Debt
<li>I am creating a separate class for school loan debt as this is a complicated subject<p>Like all of my classes this is interactive so you'll be working on the attached spreadsheet to learn how:</p>
<ul><li>Daily compounding interest works on credit cards
<li>Loan amortization schedules work for both auto and home loans
<li>Be able to decide if a cash back or 0% interest financing offer is better for cars<p>At the end of this class you will:</p>
<ul><li>Understand banks' incentives for you to get a loan (they make a lot of money off of you)
<li>Understand how the different types of debt financing work - credit cards vs. auto loans vs. home loans
<li>The Pros and Cons of each type of debt
<li>Myths of Personal Finance&nbsp;
<ul><li>Do you really own your home?
<li>Do you have to keep a balance on a credit card to build your credit?<p><strong>I hope you enjoy my class as this is my dream job! Helping average people like you and me control their finances, earn their financial freedom and live a stress free life!</strong></p>",,,2024-06-24,,no,