#3a Understanding Debt; Simple and Compound Interest

Debt is the largest and most influential industry in the world, yet surprisingly, few resources truly explain how it works. No universities offer a PhD in debt, and most people are left to navigate its complexities on their own. In this tutorial, we’ll break down the basics of debt and empower you with the knowledge you need to make the system work in your favor. You’ll learn the key differences between simple and compound interest, how they affect your finances, and practical strategies to manage or eliminate debt effectively. Whether you’re tackling credit cards, loans, or mortgages, this tutorial is your guide to mastering the debt system.