Debt
How debt works, why interest rates matter, and proven strategies to get out of debt. Practical personal finance literacy from nidhi.
The fundamentals. If you're new to personal finance, start here.
Liabilities are everything you owe. Not all debt is equal: the interest rate determines whether a liability is manageable or dangerous to your net worth.
Two proven strategies for paying off debt: snowball prioritizes motivation; avalanche prioritizes math. How each works and how to pick the right one.
You've never missed a payment. You have no debt. But the rate you're offered on a mortgage is higher than your colleague's. The difference? Your credit history.
Putting the pieces together. Budgets, savings systems, and first investments.
When you borrow, interest rate is only part of the story. APR, amortisation, fixed vs. variable, and prepayment rules decide what the loan really costs.
How your mind helps and hurts your money. Behavioural biases, mental models, and building better money habits.
A tax refund gets spent freely while the same amount of salary gets guarded carefully. Money is supposed to be fungible, but your brain files it into folders and treats each one by different rules. Sometimes that helps. Often it costs you.