My fiancé does not think (he) needs a credit card right now. (We) are already in enough debt. It has actually consumed (our) lives. Although most of the debt (we) have is (his),I have (my) debts too, but (they) are much smaller. (This) is why (he) does not need a credit card right now. A credit card would only cause more problems for (us). So, (we) will wait until (our) debt is paid off to get (one).
ok I put pronouns in parenthesis, does this look right now?
Hey, very good!!
Only one more needs to be in parentheses -- "It" in the 3rd sentence.