Taking Charge: Your Guide to Debt Management
**D ebt 101: The Different Types** Not all debt is created equal. Here's a breakdown of the common categories: * **Good Debt:** This debt helps you build assets or invest in your future. Examples include mortgages (helping you own a home) and student loans (financing an education). * **Bad Debt:** This debt accumulates on things that depreciate (lose value) or offer no financial benefit. Credit card