You are not a bad person if you don't spend money. In fact, most people will actually admire and respect your ability to save your money and reach your financial goals. They might not express that respect, but that's not your problem.

This is an incredibly difficult time. You have grown up believing that honest people pay their debts. You consider yourself honest, but you can't pay your debts. You may be able to get help from a credit counselor.

Are you paying credit cards with credit cards? If your debt situation has gotten to the point where you're paying one credit card with another, you know that it's serious.

Your spouse may just enjoy spending, and a simple talk may be all it takes to remedy the situation. However, your spouse may be a compulsive spender.

The housing sector and housing finance are in a huge mess, many people are losing their homes, and many banks are unable or unwilling to work with homeowners to save their mortgages.

Most people cringe at the words "personal budget" and hardly anyone looks forward to creating and using a budget. However, once you start and use a budget, you'll be amazed at the change in your financial life.

It can be difficult to get new housing after your foreclosure. Even people who are sympathetic with your situation may not feel able to rent to you with a very fresh foreclosure on your credit report. You may not be able to live as you've been accustomed, but as long as you have somewhere to stay in the weeks after you lose your home, you have options.

Getting out of debt takes time and effort, but becoming free of your debt and having a good financial picture is one of the best things you can do for yourself and your family.

Almost everyone uses a credit card these days. No one intends to get in trouble. You, like everyone else, just allowed things to literally spiral out of control. Whether your credit card problems stemmed from impulse spending, an emergency or a decrease in income, it doesn't matter. You need to start looking forward and identify some ways that you can break out of the pattern of behavior you're in.

Not being able to pay your bills doesn't make you a bad person. Many people in the United States are only one or two paychecks away from the street. Financial problems are seen as taboo in our society, and people seem to only talk about how much money they do have, not the problems they have. While it doesn't happen to everyone, it does happen to many good people.