That’s $144,000 for each U.S. household. And for each of those families, making the conscious decision to get out of debt — and then figuring out how to actually do it — isn’t easy. It requires research, a detailed plan and a supportive environment, whether that’s your spouse, family members, financial adviser, credit counselor or other debt expert.
The good news is that there isn’t one right way to get out of debt. The path (or multiple paths) you choose depends on your unique circumstances, such as the amount of debt you owe, the type of debt and your short-, mid- and long-term financial goals.
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