By Allison Hess, Carmen Hall - Bay of Plenty TimesA Tauranga family could lose everything after racking up $380,000 in debt. The huge debt was accrued through a mortgage, new vehicle, overseas travel, credit cards and personal debt after acquiring a business. G3 Financial Freedom financial planner Sharlene Overell said it was too easy to get credit. "It's accessibility, you can get debt and finance very easily and borrow multiple times of your income. "You can't budget if there is no money to budget with."

Source: New Zealand Herald February 19, 2017 19:41 UTC