Borrowing Money

Welcome to Module 7 – Borrowing Money. Have you ever wondered how to get access to a large sum of money within a very short time? Well, borrowing money can be a great option in many situations! You might need to buy a house, a car, start a new business or face an unexpected emergency. However, it is very important to be careful and understand the conditions of the loan, so you don’t end up in financial difficulties or a debt trap.

Remember, the first rule of borrowing money is to never borrow more than you can repay! Take the loan from a trusted institution and make sure to pay on time. 

By borrowing money responsibly and understanding the conditions of the loan, you can make it work for you!

Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Education and Culture Executive Agency (EACEA). Neither the European Union nor EACEA can be held responsible for them

Project Number – 2021-1-DE02-KA220-ADU-000035188

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