https://padlet.com/carrolluniversity/lz6tfm0c4por Made with ♥ en-us 2018-09-19 21:49:01 UTC 2026-04-27 18:42:52 UTC hello@padlet.com lzajc https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/283662346 Your Name
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Short summary of the video]]> 2018-09-19 21:50:26 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/283662346 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/283942624 The video talks about not only paying off debt but how to get on the right track after you graduate and start a retirement plan. The reporter recommends starting a repayment plan based on your income in order to start paying off student loan debt after you graduate. ]]> 2018-09-20 14:31:40 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/283942624 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/284660733 https://www.youtube.com/watch?v=B-ozPzndeXY&t=301s
This video discussed how to manage student loans and credit card debt. One of the main points made was that it is important to have a payment plan in place that works for you. A tip given was to pay your highest debt first and to know the interest rates of your debt. Also, finding ways to decrease your interest rate can save you a lot of money.]]> 2018-09-22 18:17:03 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/284660733 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/284815902 https://www.youtube.com/watch?v=8jpRQ8jOaRg
This video is very important to younger individuals, especially college students because it emphasizes how to pay off debt with a low income. The video starts off by giving the importance of a debt to income ratio so you know where to begin. Always spend less than you earn. ]]> 2018-09-23 23:29:19 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/284815902 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285761378 This video discusses paying off high interest credit card debt, and says it can be easily done with a debt repayment strategy that is realistic enough to follow. The snow ball method and paying according to interest rates are explained. For the snowball method, you pay off by balance, starting with the lowest. For the interest rate method, you pay the debt with the highest rate first, then work your way down. ]]> 2018-09-25 19:44:32 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285761378 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285786576 https://www.youtube.com/watch?v=fEeDsF6sWAs
This video was all about paying off and managing student loan debt, which is the near reality for almost all of us. The video discusses tips and strategies to manage your debt, starting with making a plan. Having a plan is good way to come up with a strategy to tackle the debt and putting it on paper to hold yourself accountable. Then consolidating your debt, and increasing your income to pay off the debt. Then trimming your budget to funnel the money towards the debt and avoiding extra spending. Lastly, look for loan forgiveness programs if you can.]]> 2018-09-25 21:04:29 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285786576 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285829853 https://youtu.be/zHM1AYIIzGg
This video is about paying off debt the best way, such as creating a list of all your debts from lowest to highest. She talks about writing your minimum payments for each debt you owe and start off paying off your smallest one first with as much as you can and than pay the minimum towards the rest and to keep doing this process over until you are caught up. This is important to individuals because some people get overwhelmed with their debts and don’t know how to attack it property so they end up just paying more towards the bugger debt which makes it harder for them to catch up.]]> 2018-09-26 01:57:55 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/285829853 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286235284 https://www.youtube.com/watch?v=pVKEsiNMPNc
This video is about how student debt is the worst kind of debt and how it's interest accrues. It addresses how you cannot declare bankruptcy from student loans and also discusses how it got so bad. 

]]> 2018-09-26 19:34:49 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286235284 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286246246 This video focuses on how debt can affect you mentally and how it's not always just about the finances. It talks a about a strategy for pay off debt called the 'debt tsunami'. This strategy says you should rank your debts by how much of an emotional impact they have on you and pay of the most emotionally impactful debts first. This is not always the most financially viable way to pay of debts but it can make you feel better about your financial situation. ]]> 2018-09-26 20:03:44 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286246246 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286299294 This video talks about how fast the U.S. National Debt is growing, and that it has already gone up in the time I took to watch the video. The country is currently around 21 trillion dollars. The video then goes on to explain how the Government borrows money similarly to how every day citizens to. The reason the Government is so in debt is because they spend so much on things like national security and they don’t have enough revenue coming in to offset those costs. The video explains that it is not necessarily a negative that the country is in debt, however it is projected that the national debt will continue to rise which could turn into more of an issue than it is at the time. Over the duration of the video, interest on the U.S. National debt had increased over 1.3 Million dollars.
https://youtu.be/So2OQW6gR6I]]> 2018-09-27 00:18:27 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286299294 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286301556 The video states that debt isn't a bad thing as long as you pay it off and don't allow it to accumulate. Before you start taking on debt you need to figure out what "too much" debt is for you. Then it goes on to give helpful tips about how to handle your debt if it becomes too much. ]]> 2018-09-27 00:32:24 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286301556 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286308994 In this video Stefan James talks about his personal experience with debt and explains how he overcame that debt. James gives the viewer quick tips like cutting expenses and tracking expenses in order to save money to start paying off debt.]]> 2018-09-27 01:19:50 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286308994 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286309580 https://www.youtube.com/watch?v=f6THinmlK2A
This video tells how she was in debt out of college. She states how you need to make a spreadsheet to keep track of your expenses. She gives you tips how t o generate extra money. Discusses mainly how to help you pay for debt.

]]> 2018-09-27 01:22:43 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286309580 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286311166 https://www.youtube.com/watch?v=qHb3D4UjZjM
In this short video they ask dentists how people should attack student debt. The overwhelming consensus was that you need a plan. Rather aggressively paying off your loans or making the minimum payments is what you should do. If you are not making the minimum payment you are incurring more and more debt which will be weighing you down for a longer period of time.  ]]> 2018-09-27 01:32:56 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286311166 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286318432 https://www.youtube.com/watch?v=BOrcOJSoNFU
This video involves a young man named Darryl and he explains to Dave Ramsey about all of his debt problems. Darryl asks Dave how to get started paying of his debt and which is the most important. Dave gives Darryl a plan and explains how it is a difficult process.]]> 2018-09-27 02:17:41 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286318432 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286320159 This video discusses five simple ways to pay off debt. This includes the debt snowball, increase your minimum payment (work more hours, spend less, etc), negotiate lower rates (i.e APR), which can add to your principal. Other ways to help get rid of includes doing a balance transfer meaning less overall payments with lower interest rates, negotiate a settlement to pay less debt at a time. This will pay amounts in full right away. By doing all these things you can help pay off your debt as soon as possible. ]]> 2018-09-27 02:26:24 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286320159 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286321728 2018-09-27 02:35:16 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286321728 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286321759 https://www.youtube.com/watch?v=3ugDU2qNcyg
This video Explains the national debt and talks about the differences between debt and deficit. It talks about different places that the national debt is located and what could happen if the cost of our debt were to increase. He also talks about some ways that we could decrease the national debt and the deficit.]]> 2018-09-27 02:35:27 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286321759 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286329280 This video is about strategies for paying down debt. The scenarios focus was high interest credit card debt. The first method was one we already read about and discussed inn class, “The Snowball Method”. The snowball method is paying off your debt starting with the lowest balance and working your way up until all your debt is paid off. The key is to not use any of the paid off cards again until you are debt free. The second method is “The High Rate Method”. This method works the same way except you pay off the debt in order of highest interest rate to save more money in the long run. ]]> 2018-09-27 03:20:41 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286329280 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286330713 This video describes the processes that can be takes in order to manages student loan debt. It goes into detail of multiple processes of debt management, such as consolidation or deferment. ]]> 2018-09-27 03:31:17 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/286330713 https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/288958470 https://www.youtube.com/watch?v=dkt11N5Dgy4
In order to consolidate credit card debt you need to be aware of credit card companies that use "tickler rates." You could consolidate your debt into a secured debt, but you should check all your rates first before you absorb too much debt. The best option is to pay it all as soon as possible and do not pay the minimum monthly amount. ]]> 2018-10-04 04:31:07 UTC https://padlet.com/carrolluniversity/lz6tfm0c4por/wish/288958470