Many couples and individuals will have to take on at least some debt in their lifetime.
Problem debt arises when a pattern of revolving debt emerges – when one debt is being paid off by taking on another debt.
Unfortunately there is no quick solution to this situation.
However with honest communication between partners, a plan can be made to help limit spending more than you can comfortably afford.
Below is a guide to get started.
There are many options when it comes addressing debt – including utilising the support of a financial mentor, website tools and other services.