Adding your debt in AdviceCafé

On the Finances page, the Debt section is where you add your current debts such as credit cards, lines of credit, loans, etc. Details you should include are the current balances, monthly payments, interest rates, as well as debt limits and minimum monthly payments.

Here are a few examples of debt to help jog your memory:

• Credit cards (excluding those you pay off in full each month)
• Lines of credit
• Student loans
• Medical debts
• Payday loans
• Car loans
• Tax debts
• Personal debts (to family, friends, etc.)

Credit cards

Do you use your credit card for your committed expenses (i.e. cell phone, cable/internet, utilities/hydro/power, etc.)? If so, it's important to include all monthly recurring committed expenses in the appropriate Expenses sections (i.e. Housing 🏡, Transportation 🚗 and Financial Obligations 🧾) on the Finances page.

• Learn more about filling out the Expenses sections

Example

You use your credit card to pay for several committed expenses. As a result, you’ll need to add each expense in the appropriate expense section in Winton:

• Cell phone: $100/mo ➡️ Housing 🏡
• Cable/internet: $100/mo ➡️ Housing 🏡
• Childcare: $200/mo ➡️ Financial Obligations 🧾

Total: $400/mo

Updated on: 25/02/2026