Taking on debt, such as a loan or a line of credit, can provide a business with the cash it needs to expand or fund a new venture. Here’s what you need to know about when and why it can make sense to take on business debt.

Credit cards and debit cards offer incredible convenience; but, is it a smart idea to pay monthly bills with them? Choosing to pay a bill with a card can have a significant impact on your general financial wellness — for better or for worse. It’s important to consider the many variables of this decision before going ahead with it. Let’s take a closer look at the pros and cons.

Using your credit cards responsibly is a great way to boost your credit score and your financial wellness. Here are some helpful tips you need to know about responsible credit card usage.

“Buy today with no money down and zero interest!”

You’ve seen the ads when shopping for large purchases like furniture. They offer you the option of spreading your purchase over several months or years, with a zero-percent interest plan. To buy it, you may need to enroll in a payment plan; sign up for their credit card; or open an unaffiliated credit card offering an introductory no-interest period. It sounds like a fantastic deal—but is it? Here are the possible pitfalls of this route and the surprising benefits of financing a large purchase under the right circumstances.