Having trouble with debts and think bankruptcy might be your only way out? Think again. Debt consolidation might be your ticket out of debt, but be warned, it's not always best for every circumstance.

This week's EdPuzzle video from TwoCents titled "Should You Consolidate Your Debt?" explores multiple options available for debt consolidation, and how to find the right path for you, including NOT consolidating your debt at all!

Interested in more EdPuzzle videos? Visit our Video Library and type in "EdPuzzle" into the search bar at the top to view the rest of our EdPuzzle videos!

Note: You do NOT need to create an account to ACCESS EdPuzzle videos. But if you do create free teacher and student accounts, you will then be able to capture and save student responses. For more tips and tricks on how to best implement these videos in your classroom, check out Amanda Volz's Tech Tip video. If you would like more information, visit the EdPuzzle Teacher Support page!

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Look at how debt is experienced in your community and across the country with INTERACTIVE: Credit Across US Communities

About the Author

Dan Rolando

Always enamored with learning, Dan’s parents affectionately nicknamed him “The Sponge” as a kid. After earning his Engineering Master’s from NC State University followed by six years of teaching, Dan joins NGPF to pursue his passion of inspiring financial capability in anyone who will listen. Having navigated seven years of higher education debt-free through scholarships, work, creative budgeting, and a whole lot of help, he recognizes the freedom that comes from financial independence and hopes to share that gift with others. In the (rare) times he’s not discussing finance, Dan enjoys running, reading, playing board games, spending time with his daughter, and being sous chef for his wife.