Description

Debt is defined as the state of owing money. We acquire debt in many forms—purchasing vehicles or a home, taking on loans for education, or accessing revolving credit lines. When debt is handled properly, we can strategically build healthy debt to help budget and to create a healthy financial cushion. Join SAFE’s Financial Wellness Team for this discussion on the difference between healthy and unhealthy debt, with a strategy to reduce high interest debt. 

Topics covered: 

• Defining healthy debt 

• Exploring the benefits of healthy debt 

• Defining unhealthy debt 

• Discussing the risk of unhealthy debt 

• Reducing high interest debt

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