When adding two fractions, it is useful to use common denominator.
In your case, $k(k+1)$ is a multiple of both $k$ and $k+1$, so you can write:
$\frac1k-\frac1{k+1}=\frac{k+1}{k(k+1)}-\frac{k}{k(k+1)}=\frac{(k+1)-k}{k(k+1)}=\frac{1}{k(k+1)}.$
A slightly different approach: If you are given $\frac1{k(k+1)}$ and you want to simplify it, you may notice that $\frac{k+1}{k(k+1)}=\frac1k$ and $\frac{k}{k(k+1)}=\frac1{k+1}$ are simpler expressions. So you can ask whether you can somehow write the numerator using $k+1$ and $k$. And you can: $1=(k+1)-k$.
So you get $\frac1{k(k+1)} = \frac{(k+1)-k}{k(k+1)}=\frac{k+1}{k(k+1)}-\frac{k}{k(k+1)}=\frac1k-\frac1{k+1}.$