"How to Reduce My Debt" - Most in America are carrying debt. Between mortgage home loans, two car payments, and several credit cards, many Americans find themselves financially over extended. For most, unable get out from underneath the debt burden that consumes an their earnings.

The average U.S. household now has credit card debt of more than $9,100. Credit card companies have made running up that balance deceptively convenient. What's lost when you're on that spending spree is the realization that paying off your debt can be costly, in terms of both cash on hand and your overall financial health.