The Open University since 2006
Alternatively you can skip the navigation by pressing 'Enter'.
All in the Mind - Summer 2016: All in the Mind Awards Ceremony from the Wellcome Collection in LondonTuesday, 28th June 2016 21:00 - BBC Radio 4Claudia Hammond presents the series that explores the limits and potential of the human mind. Read more: All in the Mind - Summer 2016: All in the Mind Awards Ceremony from the Wellcome Collection in London
Genius of the Modern World: NietzscheTuesday, 28th June 2016 23:00 - BBC Four
City in The Sky: AirborneWednesday, 29th June 2016 02:45 - BBC Two
All in the Mind - Summer 2016: All in the Mind Awards Ceremony from the Wellcome Collection in LondonWednesday, 29th June 2016 15:30 - BBC Radio 4
Genius of the Modern World: NietzscheAvailable until Friday, 29th July 2016 00:00Bettany Hughes takes us on an exploration of Friedrich Nietzsche's life and works. Read more: Genius of the Modern World: Nietzsche
Canals: The Making of a Nation: HeritageAvailable until Wednesday, 27th July 2016 20:30
Thinking Allowed 2016: A special programme on Pierre BourdieuAvailable for over a year
The Big C & Me: Episode 2Available until Sunday, 24th July 2016 02:05
Where do we get the help that really counts?When only one third of people with mental health symptoms access formal channels of support due... Read more: Where do we get the help that really counts?
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
The value of coffeeThis free course explores the economic and cultural value of coffee. You will follow the chain of... Try: The value of coffee now
Introduction to bookkeeping and accountingLearn about the essential numerical skills required for accounting and bookkeeping. This free... Try: Introduction to bookkeeping and accounting now
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.
- 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
- Keep on learning
Study this free course
Enrol to access the full course, get recognition for the skills you learn, track your progress and on completion gain a statement of participation to demonstrate your learning to others. Make your learning visible!
You and your money
This OpenLearn course is an adapted extract from the Open University course.
Copyright & revisions
Originally published: Thursday, 11th February 2016
Last updated on: Thursday, 11th February 2016
- Creative-Commons: The Open University is proud to release this free course under a Creative Commons licence. However, any third-party materials featured within it are used with permission and are not ours to give away. These materials are not subject to the Creative Commons licence. See terms and conditions. Full details can be found in the Acknowledgements and our FAQs section.
- This site has Copy Reuse Tracking enabled - see our FAQs for more information.
If you enjoyed this, why not follow a feed to find out when we have new things like it? Choose an RSS feed from the list below. (Don't know what to do with RSS feeds?)
Remember, you can also make your own, personal feed by combining tags from around OpenLearn.
All our alternative formats are free for you to download, for more information about the different formats we offer please see our FAQs. The most frequently used are Word (for accessibility), PDF (for print) and ePub and Kindle to download to eReaders*.
- Word (2 MB)
- PDF (3.6 MB)
- ePub 3.0 (1.6 MB)
- ePub 2.0 (1.6 MB)
- Kindle (730 KB)
- RSS (300 KB)
- HTML (1.4 MB)
- SCORM (1.4 MB)
- OUXML Package (41 KB)
- OUXML File (129 KB)
- IMS Common cartridge
- Moodle backup (932 KB)
*Please note you will need an ePub and Mobi reader for these formats.