05/02/2013 11:20 am ET Updated May 02, 2013

How To Get Out Of Debt -- And Stay Out!


We love an occasional shopping spree...maybe a little too much, judging by the size of our last Visa bill. While spending like a high roller can be fun, actually being in debt is anything but. And, if you're like most people, you owe — big time. According to the Census Bureau, the median American household debt is a whopping $70,000. (Approximately $15,000 of that is from credit cards.)

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