As a society we have become accustomed to labeling different generations with short and catchy nicknames. Currently we have Generation X for those born from 1965 through 1979; Generation Y for those born from 1980 through 2000; and lastly we have Generation Z for those born from 2001 through the present.
Every month, people have to pay bills. They can be credit card bills, utility bills, and other bills for education or a house. There can be times when these debts become unmanageable due to factors like personal injury, loss of a job or just overspending. If you are experiencing a financial crisis, then there are certain steps you can take to mitigate any damage.
Everyone has different incomes and different financial obligations. Something not everyone has, though, is a plan to maintain financial stability and budget money according to their income and expenses.