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

The most effective debt elimination approaches typically go far beyond simply paying more than the minimum. These approaches ...

Tread carefully with savings. While it can be tempting to drain savings accounts to pay off debt, balance is key. For example, aim to always have at least one month of "cushion," then direct leftover ...

By avoiding these missteps when tackling debt, you could save yourself a lot in terms of stress, time and money.

Could your debt be reduced or forgiven? Take our financial relief quiz. According to a review of in-house data by Experian in 2025, the average American holds over $105,000 in debt. From car loans to ...

A debt avalanche is an accelerated debt repayment plan that's based on paying the loan with the highest interest rate first before moving on to the next-highest.

Perhaps the most damaging misstep, though, is simply delaying action. Interest compounds quickly on revolving debt, ...

Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

Given how ubiquitous it is, buy now, pay later (BNPL) may seem more innocuous compared to other types of debt. After all, all ...

I'm 30 and feel like I’m falling behind on my 401 (k) savings. But I also still have $40K in student loans. What do I do first — save or pay off debt?