If you have debt, then you are not alone. The latest research by the Organisation for Co-operation and Economic Development (OECD) shows that household debt is growing in almost every country in the world. However, you can be in debt yet still be financially healthy. The key to debt is only to borrow what you can afford to pay back comfortably.
If you have debt, you’re not alone. In fact, the majority of Americans have debt. You can have debt and still be financially healthy. The key is not having more debt than you can manage.
Avoiding excessive borrowing can be difficult, especially if you are already struggling to meet your monthly expenses. If it feels like your debt is getting out of control, you should consider seeking specialist help from a free debt charity or related organization.