Debt Management

Debt management involves developing a plan to repay outstanding debts and reduce financial stress. Effective debt management can help you avoid overwhelming financial situations and work towards financial freedom. It's not just about paying off loans but maintaining a healthy balance between debt and income.

Learning to manage debt involves understanding terms like interest rates and payment plans. Tools like calculators and budgeting software can aid in creating an effective debt management strategy. Prioritizing debt repayment and reshaping your spending habits are steps towards a debt-free future.

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