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Thinking Allowed: The Ethnography Award 'Shortlist' 2015Monday, 20th April 2015 00:15 - BBC Radio 4This week's Thinking Allowed hosts a special programme dedicated to academic research in ethnography. Read more: Thinking Allowed: The Ethnography Award 'Shortlist' 2015
A History of Ideas - Descartes Cogito Ergo SumAvailable until Thursday, 14th April 2016 08:30Stephen Fry explains Rene Descartes argument 'Cogito Ergo Sum' - 'I think, therefore I am'. Watch now: OU on the BBC: A History of Ideas - Descartes Cogito Ergo Sum
A History of Ideas - Erving Goffman's Performed SelfAvailable until Thursday, 14th April 2016 08:15
Thinking Allowed: The Ethnography Award 'Shortlist' 2015Available until Friday, 15th April 2016 09:45
A History of Ideas - John Locke and personal memoryAvailable until Thursday, 14th April 2016 11:15
What does it mean to be me?Watch these short and snappy animations on the subject of me: the individual, memory, 'self' and... Watch now: What does it mean to be me?
Take the photographic memory testCan you capture scenes just by looking at them? Find out with our photographic memory test. Launch now: Take the photographic memory test
Introduction to bookkeeping and accountingThis free course Introduction to bookkeeping and accounting provides an introduction to the... Try: Introduction to bookkeeping and accounting now
Succeed with maths – Part 1[BETA] If you feel that maths is a mystery that you want to unravel then this short 8-week course... Try: Succeed with maths – Part 1 now
You and your money
An important aspect of personal finance is the way individuals and households manage...
An important aspect of personal finance is the way individuals and households manage their debt, how much it costs and the different types of credit they can or cannot access. This unit explores these issues, with respect to the wider, changing, social and economic context.
By the end of this unit you should:
- have 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
- have an appreciation of different forms of unsecured lending
- be able to apply the financial planning model to the borrowing process.
- Current section: Introduction
- Learning outcomes
- 1 Debt
- 2 Exploration of debt
- 3 Debt costs
- 4 Debt and household finance
- 5 The borrowing process
- 6 Conclusion
You and your money
This unit is an adapted extract from the Open University course. It focuses on debt and borrowing. This is an important aspect of personal finance as it ties in with the broader context of how debt can be used in the economic system to channel growth but at the same time involve risks for indebted individuals.