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How to Manage Debt Even When it Feels Like You’re Drowning

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If you are one of the 48% of Americans with credit card debt, it can seem like you will never break even. It’s estimated that the average American holds over $7,000 in debt.

Credit cards have high interest rates that are designed to catch you and hold you captive. Paying only the minimum suggested monthly amounts means you will never break free. Are you wondering how to manage debt when it seems overwhelming?

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To Pay Off or Not to Pay Off: 3 Things to Consider About Your Mortgage

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As with all things in life, debt is relative. In some (albeit a lot of) instances, it is viewed as anathema, something to avoid at all costs. In others, it can be much needed security against even worse outcomes. So how do you decide how to view your own debt and when it should be paid off? It basically comes down to priorities. But doesn’t it always? While there are many types of debt, here are three things to consider as you contemplate whether or not you should pay off home loan debt:

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