Smart Money Tip about Debt

Learn smart ways to keep debt minimized and avoid debt problems.

Understanding how to manage and pay off debt will be essential as you gain financial independence. While it is possible to live life without having any debt at all, most people use credit and take on debt to achieve major life goals. For example, you may need student loans to attend college. You’re also likely to get a mortgage when you buy a home.

In this lesson, you’ll learn how credit and debt are connected. We’ll also give you strategies for avoiding debt and managing the debts you have. By the end of this lesson, you’ll be equipped to manage debt in a way that’s good for your finances, so you can avoid serious financial challenges down the road.

Let’s get started!