What is debt? Good debt vs. bad debt ; Different types of debt ; Why debt must fit into your budget -- The budget. Why budgeting is essential ; How to create a budget ; Essential budget elements ; Six common budgeting mistakes and how to fix them ; Six sample budgets -- Credit. Why credit is important and when you will need it ; What affects your credit? ; The next level of debt collection ; What is your credit report, your credit score, and how to get copies of each ; How to read your credit report ; Myths and facts about credit -- The next steps. The many benefits of Life & debt ; Debt reduction ; Breaking the credit card addiction ; Planning for the unexpected ; Reducing debt-related stress ; Long-term goals ; Leaving the paycheck-to-paycheck lifestyle behind.