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Tag Archives: household debt

Debt and Families: How to Manage It Without Letting It Control Your Life

Debt challenges many families, often stemming from necessary expenses rather than irresponsibility. Understanding and managing debt through clear planning, open communication, and small changes can alleviate stress and promote financial stability. Teaching children about money and seeking guidance also fosters resilience. Debt is a situation, not an identity, and can be overcome.

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