TRAINING REPORT: FINANCIAL LITERACY EDUCATION (MODULE 4) ​Module Title: Managing Debt & Credit Client Organization: Metagenics Date of Delivery: 21 August 2026 Target Group: General Workers / Employees Number of Participants: 7 ​Executive Summary ​On 21 August 2026, Module 4 of the Financial Literacy Education program, focusing on Managing Debt and Credit, was successfully facilitated for 7 general workers at Metagenics. The workshop aimed to equip participants with practical financial tools to break debt cycles, understand credit dynamics, and make informed choices regarding borrowing and repayments. ​Workshop Objectives & Module Overview ​Module 4 focused on empowering employees with essential debt management tools, covering the following key focus areas: ​Understanding Credit vs. Debt: Differentiating between productive credit and high-cost consumer debt. ​The True Cost of Credit: Analyzing interest rates, hidden fees, insurance add-ons, and total repayment obligations. ​Strategies for Managing & Reducing Debt: Practical methods (e.g., Debt Snowball vs. Debt Avalanche) to systematically clear outstanding balances. ​Consumer Rights & Credit Health: Understanding credit reports, credit scores, rights under the National Credit Act, and avoiding reckless lending traps. ​Methodology & Participant Engagement ​Interactive Discussion: Tailored for general workers using accessible language, real-life scenario analysis, and practical daily examples. ​Practical Calculations: Walking through sample statements to illustrate how interest accumulates on micro-loans, clothing accounts, and credit facilities. ​Action Planning: Guided self-assessments to assist participants in identifying their personal debt triggers and creating a step-by-step payoff plan. ​Key Outcomes & Participant Feedback ​Increased Awareness: Participants demonstrated a clearer understanding of how compound interest affects store accounts and short-term loans. ​Debt Prioritization: Attendance enabled workers to identify high-cost debt and formulate clear strategies for structured debt reduction. ​High Engagement: Despite a small group size (7 participants), the small-group dynamic allowed for high individual engagement, personalized answers, and focused group interaction. ​Recommendations for Follow-Up ​One-on-One Budget Coaching: Offer short, individual follow-up sessions for workers who require personalized debt-payoff plan reviews. ​Refresher Micro-Sessions: Encourage Metagenics management to schedule periodic financial wellness touchpoints or review sessions to ensure long-term habit retention.