What steps should you take if you are in debt or owe money?

• A. Ignore It and Hope It Goes Away
• B. Borrow More Money to Cover the Debt
• C. Hide the Bills From Others
• D. Talk to a Trusted Adult, Create a Plan to Repay, and Avoid Taking on More Debt

Answer: (D)

When you’re in debt, the smart move is to face the situation with help and a plan. The best approach is to talk to a trusted adult, create a specific plan to repay what you owe, and avoid taking on more debt. This works because a trusted adult can help you understand what you owe, explain options, and keep you accountable. Creating a repayment plan means listing every debt, figuring out a monthly amount you can realistically pay, and setting a timeline to steadily reduce what you owe. It also means staying away from new borrowing, since extra debt just adds to what you must repay and can trap you in a cycle. By taking these steps, you practice budgeting, reduce stress, and protect your financial future. Options like ignoring the debt, borrowing more, or hiding bills won’t solve the problem and can make it worse.