Congratulations! Becoming debt-free is a game-changer. Making that last payment on credit cards, student loans or whatever ...

Freedom Debt Relief reports a bare-bones budget focuses on essential expenses, helping you cut non-essentials and allocate ...

You've seen the headlines. "Paid Off $100K in Debt in Just 3 Years!" "Debt-Free by 30 — Here's How I Did It!" "Why I Burned My Credit Cards (and You Should Too)." It's everywhere. This idea that ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

Being debt-free is a financial badge of honor. With American household debt at $18 trillion at the end of 2024, it's easy to understand why. People seek the peace of mind that comes from knowing no ...

I’m sharing my honest approach to using money saved through challenges—it’s all about making choices that serve your goals. My top priority is becoming debt free, so most of my challenge savings go ...

There’s a lot of talk about debt and whether it is good or bad. As a general rule, when discussing money matters or, really, anything in life, whenever superlatives are used, something is probably ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

When struggling with debt, it’s tempting to use your retirement funds to help pay off outstanding balances. However, there may be penalties and taxes involved in addition to other drawbacks. Before ...