Debt Management

CAUSES AND CHALLENGES WITH DEBT IN PERSONAL FINANCES In times of economic uncertainty, we mainly focus on meeting our family’s immediate needs. If in debt, we hope to meet our obligations to lenders and even if we run into challenges with repayments and negotiate new agreements, the mental burden remains. Hence, debt elimination is a …

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With all the challenges of debt in personal finances, the banking industry continues to be one of the most profitable businesses in the economy, indicating high appetite for borrowing. Many young adults are introduced to debt long before they earn an income through students loans to enable them pursue higher education. As soon as they …

Wise use of debt in personal finances Read More »