Looking at how much debt you have can be scary or pleasant, depending on your situation. MSN Money has a great tool that will help you calculate how mush debt you have.
Knowing how much debt you do or do not have is very important. Knowing this information can help you to eliminate debt or can be a slap in the face for you to stop spending. On the other hand realizing that do not have as much debt as you thought can open your financial eyes to new investments or show you that you can put more money away for retirement. No matter your situation, knowing and managing your debt is key to financial freedom.
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