 Starting your own business requires a lot of capital and in doing so entrepreneurs end up collecting debt. Hi guys, this is Asfaz Singhal and here are 4 ways startup entrepreneurs can manage their debt. Analyse your budget, start planning on where you would be spending your money and get an idea on your variable and fixed costs that you would be incurring. With debt comes interest payments, it's very important to understand your actual cost of borrowing and make sure you can afford that debt. You must make timely interest payments, maintain a list of all debt payments that need to be made, segregate the large payments and debt that has the highest rate of interest, make sure you pay them off first. In case of any contingency, it becomes difficult to service debt payments, hence you must ensure that you have enough liquid assets to meet any contingency. Running up huge liabilities without enough liquid assets is not a good idea. Use your debt smartly.