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Debt Destroy

3 Good Reasons Not To Go Into Debt


beautyqueen26 Rep Points: 6,185
Posted on March 23, 2009 at 2:26 am
There are many reasons not to go into debt. But these are my favorites. 1. Your next employer will check your credit report and may choose not to employ you if he thinks you are not responsible with money or have bad credit. 2. It's tougher to rent a nice home if you have poor credit. 3. Bad credit can lead to stress and constant worry. What are your favorite reasons for not wanting to be in debt?If you could do it all over again, would you go into debt?

citrusemma Rep Points: 665
Posted on March 23, 2009 at 12:40 pm
good reasons, great articlexox emma

AngelMokka Rep Points: 550
Posted on March 23, 2009 at 3:22 pm
Sometimes I just wish I have a time machine. If I just go back to the past I will do absolutely every thing opposite just to stay away from debt.The reason that I feel I don't want debt anymore is feeling stressed all the time.

buggles Rep Points: 3,680
Posted on March 23, 2009 at 5:01 pm
No one plans to go into debt.  It's just like when you get married, you don't plan on getting a divorce.  Sometimes circumstances happen and it's thrown at us.  No one is immune from losing a job, getting a divorce, etc... No, I wouldn't choose debt, I don't think I know of anyone who would.  I have taken the blind fold off... The one thing I wish I would have done, was to have a savings.  I would go back and make sure I had an emergency fund.  I think that is one of the most critical things we can do to avoid debt if anything negative does happen to us both personally and financially.

Katia Rep Points: 930
Posted on March 23, 2009 at 7:40 pm
Of course no one chooses to be in debt. Admittedly my debt was unnecessary. Honestly if I found myself 18 and knowing the same things I knew then, and not what I knew now, I would probably still go into debt because I was 18 and unwise to what credit cards really meant.

crystalnicole Rep Points: 275
Posted on March 23, 2009 at 7:55 pm
I never knew that your employer could go back and look at that stuff as well. Crazy! I know, i cant wait to get some of my bills paid off so i can breathe a lil easier.. lol

wonderful1 Rep Points: 1,270
Posted on March 24, 2009 at 2:35 am
the reason of not go to in debt is that i will lose my confidence and feel stress in daily life. especially when I have a debt from my friends, and I always feel shy when i see him/her in the period of  time which i don't get it back.

beautyqueen26 Rep Points: 6,185
Posted on March 24, 2009 at 10:48 pm
Debt is like anything else. You never see it coming. That's why it takes so many of us by surprise.

FreelanceMoneyMaker Rep Points: 495
Posted on March 25, 2009 at 2:11 am
I think the knowledge of the incredibly high interest rates credit cards charge might be more then enough of a good reason.

FreelanceMoneyMaker Rep Points: 495
Posted on March 25, 2009 at 3:39 am
Well if you're in debt and need some help, I know plenty of ways to make a little extra money online and these ways aren't too time-consuming. If you are, just send a PM my way :) Afterall, one of the the best ways to get out of debt quick is to have an additional income coming in monthly!
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