bla30
bla30 bla30
  • 21-05-2020
  • Business
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Why is understanding debt important?

Respuesta :

Trippyjay13
Trippyjay13 Trippyjay13
  • 21-05-2020

Answer:

Understanding debt is critical to both financial literacy and financial security.

Explanation:

While most people have some debt, typically the importance of that debt is in direct proportion to the amount of debt they have. While some debt, such as a mortgage, business or automobile loan, can show stability and maturity, having more debt than you can pay can affect your health, relationships and your employment.

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