Course Description

Debt is monies that you owe and in most times is through credit arrangements that individuals have found themselves in. Credit refers to the ability of an individual to obtain goods or services before payment, based on a credit agreement that payment will be made in the future through part payments.

Once one has these credit facilities approved, the amounts owed are one’s debt. There is good debt and bad debt depending on how an individual has accessed their credit facility and why.

Good Debt such as home loans is an excellent way to own a home and an asset that appreciates in value. Bad debt such as purchases of food on a credit card is not advisable as food is a need that must be catered for in your monthly budget based on income generated.

In this two-week course, we’ll step through major challenges within corporate IT and how to address them with the disciplined use of design thinking, Lean Startup, and agile as a team framework.

Translate your work on the Canvas to specific charters in IT. Rapidly prototype strategically-aligned processes for implementation within your IT infrastructure. How do you define a customer-centric strategy you can actually execute? To do strategic IT, you’ve got to have a strategy! Ideally, you need one that’s easy to understand and use as a clear basis for action. 

That’s what you’ll learn in this course.

A Short Description

• Need Vs wants – can I wait longer and save instead of acquiring the goods on credit. Is it critical in my life at that stage? Example buying a more expensive car instead of going for a cheaper car that still gets you from point a to b.

• Is there an alternative payment method? Can I rather save for a few more months and then put down a deposit to reduce interests than take on full credit?

• Can I afford the monthly instalment required by the credit facility? Remember you may be able to afford it but must further ask your need vs want.