Q:

What strategies do you recommend for managing debt and building emergency fund?

To manage debt and build an emergency fund, first create a budget, and list all your debts and start paying off the high-interest debt payments, and start setting aside funds into a saving or a FD account on a regular basis. Reduce unnecessary expenses and increase income through doing more additional hours at work or through side work. If you go onto our website our free financial literacy course explains in more details.

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