Being in debt though is very different from managing debt and there are many ways to strike a healthy balance between your assets and liabilities. One of the best times to review, re-evaluate, and regain control of your debt is during a recession. When it feels like an economic crisis is wreaking havoc on everything around you, there is usually one silver lining - low interest rates. Leveraged properly, this can be your golden egg towards gaining financial sustainability.
This post will cover three ways in which you can consider restructuring your debt when interest rates are low: