Like many other Louisiana residents, you have likely gone through times in life where you fell into the habit of spending more money that you earned. Out of control spending habits is definitely one causal factor that often leads to serious debt. However, it's certainly not the only reason your financial train may be thrown off its tracks; in fact, it may not even be one of the most common reasons people in America cite as to why they suffered a financial crisis at one time or another.
Most financial problems are resolvable. It often depends on how much you know about debt relief options and what type of support is available to you to help you pay back debt and rebuild a strong financial foundation. To avoid similar crises in the future, it might help to review some of the issues related to high debt rates in the U.S.