Most people end up in debt at some point in their lives. Cars, homes, and college educations are quite expensive, and that doesn't include credit card debt that people incur from everyday purchases.
It's possible to get out of debt if you keep your spending under control and seek opportunities to boost your income. Some people get out of the hole after putting $10,000 on their credit cards, but it's even possible to become debt-free if you're almost $1 million in the hole.
