Many financial experts report that the current average American household carries approximately $130,900 in total debt (according to NerdWallet’s 2015 American Houseshold Debt Study). This figure includes credit cards, mortgages, auto loans, student loans, and other forms of debt. While debt is generally an unfortunate part of life, if you decide to buy a house or car, it shouldn’t be an excuse to rack up huge credit card bills or take out unnecessary loans.

Put yourself in the shoes of the average American family. What are at least four signs that you have taken on too much debt? Be specific. Defend your answer in a well written and logical way.

Please note that your response (answer to the discussion question) should not exceed one (1) page in length.

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