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 a 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