When managed properly, debt can lead to investment opportunities and growth, but when it is misused, it can cause financial difficulties. In order to use debt responsibly, it is essential to comprehend the distinction between good and bad debt. Bholy rummy apkad debt frequently consists of high-interest consumer loans that do not enhance wealth, whereas good debt usually refers to loans obtained for investments that are anticipated to increase in value or produce income, such as mortgages or student loans. People should make minimum payments on lower-interest debts and prioritize paying off high-interest debts first in order to effectively manage their debt. This approach gradually raises credit scores while lowering total interest expenses.