BICEPS Health & Financial Literacy E-learning

24 Debt Management

Learning goals:

  • Define debt in a broader context;
  • Explain the concept of debt management and its application in everyday life;
  • Name different types of loans;
  • Explain what is an interest and APR (Annual Percentage Rate);
  • Understand the difference between debit cards and credit cards.
  • Explain how credit cards work.
  • Understand the concept of a mortgage.
  • Calculate the loan monthly payment, total interest, and total payment.



In the Italian language:


In the Slovenian language:


In the Czech language: