A Collection of Resources Related to Debt Reduction Strategies
When you’re in debt, you can’t do the things you love; you can’t drop everything and start something new. You need to keep making those payments, week after week, month after month. It’s a never-ending cycle that can consume your whole life as you are forced to work and pay off debt.
Some people have lived their entire life going to work day after day, just making ends meet. They are unable to enjoy their life; instead, they live to work and work to pay off debt with no end in sight.
Debt Is A Normal Way of Life
Payment plans allow us to purchase big-ticket items. Without these options in place, people wouldn’t be able to buy homes or cars. How many people do you know that pay cash for their brand-new cars or their home? Sure, there are some, but the majority of people have payment plans.
Spending stimulates the economy, creates jobs, and keeps money in circulation. If people spent less and purchased only the necessities of life, then our economy wouldn’t be what it is today. It’s the spending that keeps the economy healthy.
Credit cards can be a lifesaver in absolute emergencies, but that’s it, avoid them.