Paying off collections debt isn't always the clear win it looks like. Here's how to decide what path to take.

For years, Mattie Westbrouck dreamed of paying off their sister's student debt ...

"Since becoming debt free I feel like a completely different person." Lauren Mochizuki, a mom of two, had a wake-up call several years ago when her husband, Kyle, told her he wanted to pay off the ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Your debt issues don't have to feel like an endless burden, though, ...

Reader, it can be done. Here's how one couple paid off their six-figure mortgage in just a few years (Spoiler alert: It ...

“One of the best ways I’ve found to save money on everyday purchases is by being intentional,” Schroeder-Gardner shared. “That means making a list before you go to the grocery store, planning your ...

U.S. Census Bureau data showed that in 2024, about 40.3% of owner-occupied homes in the United States were owned outright, ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...