Consider people you know who practice good money management. You may know a family that is able to make ends meet on a limited income and still vacation once a year. Or you may have read about celebrities in the news who have earned millions but face bankruptcy because they have overextended their spending. The difference in these two examples is not the amount of income earned but the focus on managing debt and credit.
To sustain a successful personal money management process, you will need to manage your debt and credit. In this section you can access information about: