Merely having debt is NOT the problem. Given the cost of college tuition, it’s rare to meet a twenty- or thirty-something who isn’t walking around with a pile of student loans. Plus, most homeowners have sizable mortgages, and owning a home is often a good thing.
Although the simple existence of debt isn’t a problem in and of itself, debt does provide you with an opportunity to manage it effectively, or, on the other hand, really screw up your financial future. It is a failure to manage debt that IS a problem.
On a recent podcast, I was interviewed by Quicken about intelligent ways to manage debt. Take a listen, or subscribe to the series (also available at itunes).
Topics covered include good debt vs. bad debt and how to negotiate your credit card rates. These issues, and the others I discuss, present you with yet another opportunity to live Beyond Paycheck to Paycheck. Feedback on these podcasts is welcomed!
“personal finance” 
“financial education”
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