Out of the deep love we have for our children flows a desire for them to experience good things. We want what is best for our kids.

But sometimes this good desire leads us down the path of poor financial decision-making. We spend money that we don’t have on our children and find ourselves sinking in an ocean of debt.

We find ourselves asking, “How did we get here? How did we become a living proof that the personal debt statistics we hear are actually true?”

How do parents get there? Consider these 3 common causes: