Five Ways You Can Assess, Manage and Pay Off Debt

Define your ‘good debt’ and ‘bad debt’

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Many people believe all debt is bad debt, but the truth is that some debt can be nice to have and even beneficial to helping people achieve their long-term goals.

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Get interested in interest rates

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Many people who want to pay down their debt are not sure where to get started. The first and best place to look is at interest rates.

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Set your strategy

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Once the audit is complete, the next step for anyone is to select a debt repayment strategy that is right for them and their unique plans

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Watch for wealth-building opportunities

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While paying down debt may always feel like the right move, sometimes it may actually make better sense to save or invest.

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Manage debt as part of a comprehensive plan

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The road to a debt-free lifestyle and secure financial future can be complex. Many routes are bumpy and filled with difficult choices

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