The article explores common mistakes in debt management, such as ignoring root causes, underestimating expenses, and selecting ineffective repayment strategies. It emphasizes the importance of a structured plan, understanding interest rates, and seeking professional help, ultimately guiding readers towards a more sustainable path to financial freedom.

Understanding the Annual Percentage Rate (APR) on credit cards is essential for effective financial management. It influences interest costs, repayment amounts, and overall budgeting. By recognizing how APR impacts borrowing, consumers can make informed decisions, avoid high debts, and improve their financial health over time. Knowledge of APR can lead to smarter credit use.