"We'll never get in debt again!"

Article Abstract:

The experiences of two families illustrate how families can reduce their debt by planning carefully. One family went into debt after buying a larger house and having an unexpected pregnancy, while a pay cut and credit-card overuse caused financial problems for the other family.

Case studies

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The new priority: downsizing your debt

Article Abstract:

Debt-reduction is important for short- and long-term financial security. Unwise credit card use and hidden cash spending are two main ways in which people accumulate debt. Several tips are provided to help people reduce their debt and manage money better.

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Are you making credit mistakes?

Article Abstract:

The mistakes that people make when managing their credit include using too many credit cards, making only the minimum monthly payment, using credit cards to pay for everyday living expenses and failing to check their credit rating.

Usage, Credit cards, Consumer credit

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