Browsing: manage

[ad_1] Debt can become a significant burden, if not managed properly. It can lead to financial stress, hamper your savings and restrict your future financial goals. To maintain a healthy financial position and avoid falling into bad debts, here are some essential strategies to consider: Prepare a budget Create a realistic budget that outlines your income and expenses. Track your spending habits and categorise your expenses into needs and wants. Allocate funds for necessities such as housing, utilities, and groceries, and set aside a portion for savings. By sticking to your budget, you can avoid overspending on non-essential items. Create…