Fixing Your Debt Woes From the Bottom Up

(The Root) -- Many people start out the new year with the best of intentions -- getting out of debt, saving for a rainy day -- but find themselves failing before they even begin. During the Monday, Dec. 17, webcast of The Root Live -- an episode dedicated to achieving prosperity in 2013 -- Washington Post columnist Michelle Singletary explained where to begin.

"The number one thing that stands in people's way is having a sense of entitlement," she said. "People feel entitled to a lot of things that they really don't have the money for and can't afford."

Hear more of Singletary's advice below, and watch the entire archived webcast here. 

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