In this lesson, Khaleef Crumbley continues his discussion about budgeting by walking through a sample budget and how a fictional family could work to improve it. Khaleef Crumbley then discusses the concepts of credit and debt. Specifically, Khaleef Crumbley explains:
- The Purpose of Debt
- The Requirement of Debt
- The Bondage of Debt
Khaleef Crumbley also discusses credit scores and credit reporting.