Managing Debt

You know that the key to good health starts with prevention: eat right, exercise, get enough sleep, and get a check-up once a year. Your financial health is no different. Just like you know the warning signs of getting sick, like a sore throat or a fever, you need to know the warning signs that you may be getting into financial trouble.

Image of man opening his mouth with a tongue depressor in it. So, how much debt is too much? When should you start to get worried about the amount of money you owe? In this topic, we will look at those warning signs and ways to get help if you do find yourself in trouble. If you take a few steps of prevention today, your finances will have a clean bill of health tomorrow so you can live a life of opportunity instead of one of difficulty.

Essential Question

  • How much is too much debt and what options are available to people who are overwhelmed by debt?