Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to start living a debt free life [title] Distinguish between secured and unsecured debt. [step] Individuals often have a tendency to lump all debt together, when in reality debt differs significantly in cost, value, and risk. Knowing these differences helps you recognize which debt to tackle first.

Ending1: [substeps] Secured debt: government or federal government loans. This payment is cash, often between $500 and $3 , 000, which is considered " secured. Ending2: [substeps] If you live in a debt-free home, you know that you are protected from creditors by secured debt. Secured debt is the debt that the state may award you when your creditor removes the debt (meaning that the creditor has not paid you back). Ending3: Next, evaluate which debt should be handled first, then which one may be able to run better. Debt fighting is a sport you'll need to attend. Ending4: The difference between secured, and unsecured debt is the first distinction to understand. [substeps] Secured debt, also known as " asset-backed debt ", refers to debt that requires some sort of collateral to obtain the loan.

Answer format: ending1/ending2/ending3/ending4