Need Help Getting Out of Debt and Saving?
July 10, 2006 — -- The average American family's income has grown 9 percent in the past decade, while credit-card debt jumped 81 percent.
Mortgage and student loan debt are also surging and instead of climbing out of debt, Americans are digging themselves into an even bigger hole by continuing to spend.
Does it seem impossible to get out of debt while still affording your expenses? Do you worry about how much you are saving, or how you will afford your retirement? How can you learn to avoid advertising and the lure of new products when trying to keep your budget on track?
E-mail us your questions and psychotherapist Olivia Mellan will respond to a selection of the queries. We'll post her tips on ABCNews.com on Tuesday, July 11. Then tune into "World News Tonight" that evening for the conclusion of our series on America's spending epidemic.
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