We have a bit of a personal debt problem here in America. The reasons for this vary but I’d argue that there are good reasons and bad reasons for the amount of debt. The good reason is about taking on sizable debt due to things like education and healthcare. These are two of the most important parts of our lives and they’ve reached the point where the costs associated with them have made it “normal” to go into debt when dealing with them. Most households need to take out a loan to send those kids to college. And an unplanned procedure can financially set a family back tens of thousands of dollars. Add this to a challenging economy and a weak job market, it’s no wonder Americans find it difficult to avoid sinking into debt.

If this were not enough, we sometimes become our worst enemy when it comes to spending — bringing us to the not-so-good reasons why Americans find themselves up to their necks in debt. Behaviors such as binge shopping, gambling, trying to “keep up with the Joneses,” and shuffling multiple credit cards can plunge people into massive debt before they know it. These behaviors are extremely difficult to change as they serve as a coping mechanism for other issues.

If you are struggling to get out of debt — or still trying to figure out how you got there — the accompanying resource is an extremely valuable item to review. There’s no question that debt can be overwhelming — not just financially, but also emotionally and psychologically. It’s just not easy to relax and enjoy life when debt is in the back of your mind at all times. Though the resource will not magically solve your debt problems and bring your checkbook and life back into balance, it is an excellent starting place.