Money is emotional. Everyone has a history with money, as a result it can be difficult to talk about money.
Things to keep in mind:
1. Not everyone has the same needs and/or wants.
2. Our past history with money influences our current use of money.
3. Little things add up so 1 $5 latte won't sink your budget but 1 $5 latte twice a day 5 days a week is $50 and that can sink a budget so be real with your spending.
Take from "Financial Literacy for Millennials"
Bankruptcy is simply a legal process by which debts are eliminated or greatly reduced, so the debtor can make a fresh start.
A budget is a plan you write down to decide how you will spend your money each month.
A budget helps you make sure you will have enough money every month. Without a budget, you might run out of money before your next paycheck.
A budget shows you:
Types of credit: credit cards, student loans, car loan, mortgages
A credit score is a prediction of your credit behavior, such as how likely you are to pay a loan back on time, based on information from your credit reports.
Something you owe or an obligation,such as a car loan, student loans, and such
An expense is a cost; money that you spend.
Examples:
Utilities
Loan payments
Food
Any money you bring in, including job salary, gifts, and savings.
Investments are anything of value you intend to hold for a later time that will produce some financial benefit (a return).
Financial Literacy for Millennials by 
Start Late, Finish Rich by 
The Total Money Makeover by 
I Will Teach You to Be Rich by 
Why Didn't They Teach Me This in School? by 