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Debt management

Not all debt is bad.

With regards to credit cards, paying your statement balance each cycle will boost your credit rating by allowing your credit limit to increase. The percentage of your credit limit usage greatly impacts your score.

Home and auto loans with on time payments will also body your credit score. I'm my opinion an auto loan should never be greater than 50% of your annual income. Home loans should be no more than 3 times your annual income.