Category Archives: Ch. 7, Consumer Loans

Payday Loans and Why to Avoid Them

Posted on February 28, 2013 by

As you learned in Chapter 7 of Personal Finance, Turning Money into Wealth, you should be wary of “payday loans.” Recently, banks have moved into this market with “bank deposit advance loans” which look an awful like payday loans – … Continue reading →

Posted in 10 Principles of Personal Finance, Ch. 7, Consumer Loans, Ch.18, Financial Life Events | Tagged , , , ,

Paying Off Your Debt

Posted on September 18, 2012 by

Teaching Tip:  “Bridge to Financial Freedom, 7 Steps to Paying Off Your Debt” is a great Infographic and makes a for an excellent class discussion or short lecture.  It can be projected on a screen in class and talked through … Continue reading →

Posted in 10 Principles of Personal Finance, Ch. 2, Measuring Financial Health and Making a Plan, Ch. 7, Consumer Loans, Ch.18, Financial Life Events | Tagged , , , , , ,

How Best to Pay Off Your Debt

Posted on August 30, 2012 by

There’s no question, the logical way to pay off debt is to go after the debt that you pay the most interest on first, and then work down to the accounts with the lowest interest rate.  In spite of the … Continue reading →

Posted in Ch. 6, Credit Cards, Ch. 7, Consumer Loans, Ch. 8, Home and Auto, Ch.18, Financial Life Events | Tagged , , , , , , ,

Heads Up to Students – An e-mail to Your Students: Dealing with Student Debt

Posted on April 23, 2012 by

If you’ve got student loans and you’re like most students, you try not to think about it.  But at some point you’re going to have to deal with them – and while that’s not going to be pleasant, there are … Continue reading →

Posted in Ch. 6, Credit Cards, Ch. 7, Consumer Loans | Tagged , , ,

Class Discussion: The Downside of Student Loans

Posted on April 20, 2012 by

Teaching tip: There is a very good, short, three and a half minute video with the author of the article that can be played in class to begin a healthy class discussion.  It works well in particular is you have … Continue reading →

Posted in Ch. 6, Credit Cards, Ch. 7, Consumer Loans | Tagged , , , ,

Personal Finance in the News: The Mortgage Settlement – Class Discussion and Teaching Video

Posted on February 23, 2012 by

Teaching Tip:  Jean Chatzky has a short (3-4 minute) video from the Today show on the new “Mortgage Settlement” that summarizes what took place. In mid-February, 2012, the Justice Department announced a $25 billion settlement deal between 49 state attorneys … Continue reading →

Posted in Ch. 7, Consumer Loans, Ch. 8, Home and Auto | Tagged , , , , , , , , ,

Class Discussion and Written Assignment: Help for a Recent Graduate

Posted on February 8, 2012 by

Teaching Tip:  Chris Farrell is the economics editor for Marketplace Money, the personal finance show by American Public Media.  He also writes a column for American Public Media titled Marketplace Getting Personal.  In that column he fields questions from readers … Continue reading →

Posted in Ch. 2, Measuring Financial Health and Making a Plan, Ch. 7, Consumer Loans, Ch.16, Retirement Planning | Tagged , ,

Class Discussion and Assignment: Financial Hurdle #1, Paying for Your College Education

Posted on January 2, 2012 by

Teaching Tip:  Talking about paying for college generally makes for a spirited class discussion.  This can be done without any reading assignments, or you can assign a reading before class.  There are a number of suggested readings mentioned below. In … Continue reading →

Posted in 10 Principles of Personal Finance, Ch. 7, Consumer Loans, Teaching Tips | Tagged , , , ,

Finance in the News, Class Discussion, & Video: Changes Come to Student Loans

Posted on November 2, 2011 by

Teaching Tip:  There are a couple excellent videos you can show in class that do a great job of explaining the changes in the student loan program.  One, done by ABC News runs about three and a hlaf minutes, while … Continue reading →

Posted in Ch. 7, Consumer Loans | Tagged , ,

Finance in the News & Teaching Video: Student Debt Will Top $1 Trillion By the End of The Year

Posted on November 1, 2011 by

Teaching Tip:  CBS News has a video of the article “The Crushing Impact of Student Debt” available online (http://www.cbsnews.com/8301-18563_162-20126148/the-crushing-impact-of-student-debt/).  The video is only about two and a half minutes long and is a good way to begin a class discussion. … Continue reading →

Posted in Ch. 7, Consumer Loans | Tagged , , ,