What You Need to Know About Debt And How to Manage It Effectively

GROWTH & BALANCE

Debt can be a convenient tool but can also be dangerous if it gets out of control. For most, debt can be inevitable as the cost of an education and a primary residence are generally beyond most people's ability to pay for it fully in cash.

In this workshop, we will explore the different reasons people borrow money, the variety of credit sources available, and some of the cardinal rules for smart borrowing.

• What are the different types of debt?
• Is all debt bad?
• What debt can be considered good?
• How do I know which debt to pay off first?
• Repercussions for not paying off debt?
• Do I invest my money or pay off debt?

Join us in this interactive session and you will gain the knowledge and confidence to make a lifetime of smart financial decisions!

Facilitator: Maya Kabbara, MBA, CFA

Maya is a young professional, a CFA Charterholder and a Finance lecturer at Concordia & McGill University. She is passionate about sharing her financial knowledge. Maya believes personal finance education is the foundation for financial success and key in achieving life goals.