Reason for Debt

For everyone with thousands of dollars worth of credit card debt there are just as many reasons for why they overspend. Facing your spending triggers and the reasons for your debt can help you overcome financial problems in the future. With Christian credit counseling, you can receive counseling in a safe situation without the fear of anyone exposing your financial secrets or judging you for having them.

According to an article by on some of the weird reasons people go into debt, most people have typical reasons for their debt such as medical bills. Even though most people don’t spend $75,000 on a dream wedding, many people stretch their budgets when it comes to chasing love, a dream home and taking care of children or family.

Overspending on the opposite sex

While some men get carried away with how much they spend dating, women often spend too much money on weddings they can’t afford. At Christian Credit Counselors we can help you budget not only for your day-to-day living expenses, but also for special events such as weddings or dream vacations. By consolidating your debt, you will be in a better position to stay on top of your monthly debt. Trained and certified credit counselors can work to lower your interest rates and eliminate fees on your credit card debt through a Debt Management Plan.

Buying a dream instead of a dream home

Most people want to own a dream home, but are held back by debt. Having a high debt-to-income ratio can stop lenders from loaning you money for a home. By receiving Christian credit counseling, you can work on solutions to cut your debt. You can also identify your goals so saving becomes enjoyable instead of painful. According to, some people lose money on attempts to flip houses. Instead of taking financial risks with shaky real estate investing, prepare yourself to own a home that you can live in for a long time.

Indulging children or parents

Some people are kind and compassion enough to help their aging parents or children attending college. But there is a thin line between helping and enabling or spoiling loved ones. While ultimately it’s your choice whether or not to financially help friends or family, you can’t help anyone if you are broke. Learning to budget, save and plan for yourself and others will make your future more secure.

At Christian Credit Counselors, we don’t shame, criticize or place blame. Instead, we help our clients figure out how they got into debt and how they can get out of credit card debt.

Do you want to know more about debt and how you can make smart financial decisions now that will help you secure a more prosperous financial future? Sign up for our newsletter for monthly money tips.

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