CREDIT AND DEBT

Credit and debt: The Marshall Art of the ultimate love-hate relationship. Credit is like your financial reputation. It's the bank’s way of asking, "Can we trust you with money?" If you’ve been good and paid things on time, they’ll say, “Sure, here’s some cash!” If not, well, they might just give you the silent treatment and deny you that shiny new credit card. Debt is like a bad roommate. It moves in, eats your food (interest), and you’re stuck paying for it long after you’ve forgotten what you even bought in the first place. Credit and debt topics include buying a new car vs. a used car, managing debt, prepaying your student loan, and what you can afford for housing, to name a few. The big takeaway? Credit is your tool for building a solid financial foundation, but if you let debt pile up, it’s like a brick wall in your future. Manage both wisely, and you can unlock financial freedom. Ignore them? Well, you might just end up with a very expensive lesson.