Have you gone into debt trying to become the “perfect parent?”

Nearly half of all parents go into debt in order to cover child-rearing expenses, according to a recent survey in USA Today.

There are some warning signs that parents should be on the lookout for that may indicate they are spending too much money.

I discuss how this can create a vicious debt cycle, as well as tips for getting parents on the right track with WBIR news anchor Abby Ham.