Wealth Building Wednesday - Debt Management Strategies

3. Debt Management Strategies
• Differentiate between good debt (like a mortgage or student loans, which can be considered investments) and bad debt (like high-interest credit card debt).
• Offer strategies for paying off high-interest debt, such as the debt snowball or avalanche methods.
• Discuss the impact of debt on wealth building, including how excessive debt can hinder the ability to save and invest.