Paying off debt is supposed to feel freeing. And it does, eventually. But for many people grinding through thousands of ...

Experts explain that it's possible to manage debt repayment and wealth building simultaneously by following a few strategies to optimize debt and expenses.

In a recent YouTube video, Rachel Cruze, financial expert and author, laid out a plan to pay off debt quickly this year.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...