Ways to Cut Down Debt

Debt management is not a one-size-fits-all approach. In this video, we'll help you better understand debt management and how to begin to pay off your debts.

Highlights:

• There are different kinds of debt, and debt isn't always a bad thing.
• With any debt, keep the interest rates in mind. Focus on paying down the highest interest rate debts.
• Try not to take on too much debt, and ask yourself how the debt will benefit you and the return on your investment.
• Debts that you are unable to pay can lower your credit scores.