Getting to Your Debt Floor?
Back in 2011 we were worried about debt ceilings but there were also other great financial stories to follow as well.
Back in 2011 we were worried about debt ceilings but there were also other great financial stories to follow as well.
Debt ceilings always seem to be important when there is a Democrat in the White House?!?
The BIg Cajun Man compares debt to teenage sex; both are widely discussed yet often misunderstood. Footing the regular bill of debt approval are banks, credit card companies, and pay day loan companies who benefit from it, despite the potential adverse implications. The normalization of debt is criticized, pointing out that popular acceptance does not denote its validity or acceptability. With an old-school perspective, BCM challenges this, highlighting the “everybody else is doing it” mentality as a flawed justification. BCM invites fresh perspectives on the analogy, showing openness to alternative interpretations.
Is there ever a point in life where you don’t pay down debt ? What do you think ? Debt isn’t going to go away by itself.
There are so many reasons you are in debt, but for now let us concentrate on the top 5 possible reasons you are in debt. If you are asking, “Why am I in Debt?”, this is the list for you.