Debt Management

What You’ll Learn

The Debt Management chapter explains how different types of debt work, how interest and repayment terms can affect total repayment, and the importance of payment history. You’ll explore common repayment strategies, understand the connection between debt and credit scores, and learn tips for staying organized when managing multiple debts.

Key Takeaways:

• Types of debt and repayment terms

• How interest and minimum payments work

• Payment habits and their impact on credit

• Overview of debt repayment strategies

• Staying organized when managing multiple debts

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Budgeting

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Credit Building