Debts can be time-consuming and costly to settle. Identifying wants and needs is important as not all things may necessarily require for living. Budgeting is a method to help us to balance our cash inflows and cash outflows in order to achieve debt-free living. In this comprehensive session, we will discuss the following:
1. What is Debt?
2. Common Debt Traps
3. Seven Steps to Get Out of Debts
4. What is a Budget?
5. Why Is Budgeting Important?
6. How to do Budgeting?
1. Able to identify the types of debts and learn how to avoid or manage them
2. Aware of the need to do Budgeting in order to face challenging times and attain debt-free living.
Debts & Budgeting – Master Your Finance to Achieve Debt-Free Living