Spend extra or unexpected income wisely.

Warren Buffett advises against excessive borrowing, such as credit card debt or unnecessary loans.

Some experts divide borrowing money into "good debt" and "bad debt."

• Good debt is investing in your long-term future, such as a mortgage or student loan. Ideall...

Carrying credit card debt is a great way to negatively compound your net worth.  But credit itself is important.

Likely the biggest expense over your lifetime will be interest costs on your mortgage, car loans, student loans, etc. Having a solid credit score can save you tens of tho...

Try to transfer your debt onto a zero-interest credit card (also known as a balance-transfer card). It will give you a limited time window where your debt won't accrue interest and allow you to get rid of your debt faster. But ensure you can pay it off within that window, otherwi...