Debt is having a crippling effect on too many American households. With the trends towards materialism and a credit-based society, it’s nice to have some sound advice and useful education about how to avoid debt, how to get rid of debt, and ultimately how to free oneself from the bondage that is created from a lack of discipline when it comes to spending.
This section of Prosperopedia.com is dedicated to providing news, tips, and useful information about debt management, including how to get yourself out of debt, how to properly use debt in the right situation (think mortgage for a home, financing a business…and little else), and how to teach your kids and others the principles that will help them avoid the pitfalls of spending more than they earn.
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