Managing credit wisely is essential to maintaining financial freedom. To avoid falling into debt, start by creating a realistic budget that accounts for all expenses and income. This helps you understand where your money goes and allows you to prioritize savings.

Always pay your credit card bills on time to avoid late fees and high interest rates. Consider using cash or debit cards for everyday purchases to limit credit use. If you must take out loans, compare interest rates and terms carefully. Finally, build an emergency fund to cover unexpected expenses, reducing reliance on credit. By following these steps, you can maintain control over your finances and avoid the pitfalls of excessive debt.