One of the smartest moves to make for your financial health in 2026 is to concentrate on debt management and understand what that really means, how to spot trouble early, and options if it feels overwhelming.
The term “debt management” sounds intimidating, but at its core, it’s simply a plan to outline how and when you’ll repay what you owe.
“More importantly, it’s an understanding of your financial reality, what your debt costs you, how it fits into your life, and whether it’s helping you move forward or holding you back,” said Mandy Kelso, Head of Financial Education at TD Bank.
In the simplest terms, debt management means knowing the details of your credit, including:
- Interest rates on all credit cards and loans…