Habit #9: Avoid Getting Into Bad Debt
Bad debt is one of the fastest ways to derail your financial progress. Unlike strategic debt—such as mortgages or certain student loans—bad debt drains your income, increases stress, and blocks your path to financial freedom. High-interest consumer debt (like credit cards, payday loans, rent-to-own, and buy-now-pay-later traps) grows faster than most people can pay it …