You have recently graduated and had been working for 6 months with a current salary of RM3,500 per month. You have recently bought a car and had taken a bank loan to finance the purchase. Based on this scenario, answer the following task.

Briefly discuss the following financial problems that you could possibly face, be it personally or as a household, such as too much debt, not enough savings, or not enough income.

If you have too much debt, discuss the possible plans to overcome this predicament.