Chapter 4: Understanding Credit and Debt
In this lesson, we'll delve into the fundamentals of credit and its impact on your financial life. You'll gain insights into how credit works and why it's essential for achieving financial goals. We'll explore different types of credit, such as credit cards, loans, and mortgages, and discuss how they affect your credit score and financial health. By the end of this lesson, you'll have a clear understanding of credit and its significance in building a strong financial foundation.
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