Debt can be a distant friend or enemy, but savings is always a dear friend.

Overview

  • Tallying the true costs of debt
  • Impact of debt over a lifespan
  • Why we spend and what we can do about it

Take action:

  • Money management 101
  • 6 powerful debt-paydown strategies
  • Tackling debt as a family
  • 7 deadly sins that lead to debt
  • Borrowing options that offer a lifeline
  • Bankrate readers: How to dump debt

Spotlight

  • Radio host Clark Howard disses debt
  • Dave Ramsey’s advice: Be abnormal
  • Greed causes debt, says Howard Dvorkin
  • Gerri Detweiler: Save, even while in debt
  • Celebrities talk debt, savings

Poll

  • National poll: What, us worry about debt?
  • Online poll: Gauge your debt comfort level

Money Makeover

  • Profile: The Kellys racked up major debt
  • Problem: They live paycheck to paycheck
  • Plan: They should use a systematic approach
  • Lauren Heller improves her savings efforts
  • Wendy Reck makes big progress against debt

Tools and resources

  • Work sheets, video clips, glossary and more