2.

Introduction

2.1

Why Do We Acquire Debt?

2.2

Debt Can Become a Habit

2.3

The Reality of Borrowing

2.4

The Credit Trap

2.4.1

Fees

2.4.2

Rates

2.4.3

Types of interest

2.5

Eliminate and Avoid Debt

2.6

Trimming Your Budget

2.7

Learning Check