An important aspect of personal finance is the way in which individuals and households manage their debt, how much it costs and the different types of credit they can or cannot access. This free course, You and your money, explores these issues, with respect to the wider, changing, social and economic context.

After studying this course, you should be able to:

• demonstrate a knowledge of the structure of the financial services industry and the role of financial liberalisation in shaping this industry
• understand the basics of debt and interest
• appreciate different forms of unsecured lending
• apply the financial planning model to the borrowing process.