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Why People Are In Debt

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One of the reasons why people seem to be having a hard time making it through financially, is because they are in debt. It is either from loans or from credit cards, or by simply borrowing money from people. A person who has these debts wouldn 't be free as long as he or she pay it all back. However, why are most people in debt in the first place? If you have a decent job and you 're not exactly living from paycheck to paycheck, then how come you 're still trapped in that debt door. There are actually several reasons why people are in debt, and most of it are because they actually chose to be in debt. If you are in debt, there is simply no reason to blame anyone or anything because it was your choice. You shouldn 't be wondering why it seems like you 've been working hard just to pay off your debts instead of living your life. So to avoid being in that position, here are some of the most common reasons why people get into debt.

“Before you become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage. Making critical decisions about your career, business, investments, and other resources conjures up fear, fear is the part of the process of becoming financially successful.” Thomas J. Stanley …show more content…

It may be all fun and games, which is totally for pure entertainment purposes only, but these are like drugs. People actually get extremely addicted to this that they wouldn 't think twice about getting a loan or borrowing money from a person, just to be able to play. Most people wouldn 't really admit that they 're actually addicted, there are some who would say that it 's only for fun, or that there is a big chance that they will become millionaires. Unfortunately, these people sometimes ruin their lives as well as their families lives because they will be into a deep debt that they wouldn 't be able to pay on their

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