Guided Path
Start here if you want the plain-English basics before using calculators.
Use these steps as a learning route. They are educational only and do not replace regulated financial advice.
Debt is money owed to someone else, but the type and cost can vary.
Interest, fees and new spending can make debt harder to reduce.
Real-life examples make the numbers easier to picture.
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If this does not match your situation, go back to Start Here and choose a different route.