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Debt Destroy

Cause Of Debt


bishalgrg Rep Points: 185
Posted on April 3, 2009 at 1:11 am
Borrowing money from others without any reason is the main problem and cause of debt.

koubowen1 Rep Points: 310
Posted on April 3, 2009 at 1:44 am
I don't think so. I think the reason is that you wanna buy some think out of your level!

117129029 Rep Points: 30
Posted on April 3, 2009 at 2:11 am
I agree with you, dont debt!

koreangal Rep Points: 2,330
Posted on April 4, 2009 at 9:46 pm
And spending less that what you can earn.. Dont ever spend more than what you can earn. Try to minimize impulse buying and the use of credit card as well.

skyrpincess4628 Rep Points: 355
Posted on April 5, 2009 at 4:52 am
there are lots of reasons why a person burried himself into debts some are because of things we  cant control, like sickness, sudden death in the family and natural disaster. On the ohter hand these are the causes of debts that's in our hands are shopping things we dont really need. Overspending.

tenchi18ph Rep Points: 1,140
Posted on April 5, 2009 at 8:20 am
I think your right..

kuziu (Banned) Rep Points: 775
Posted on April 5, 2009 at 8:32 am
I don't think so. I think the reason is that you wanna buy some think out of your level!

bluebird Rep Points: 490
Posted on April 6, 2009 at 2:18 pm
Good advice. If we can discipline ourselves to save and spend responsibly, then we stand a better chance of borrowing, when necessary.

seasons1981 Rep Points: 260
Posted on April 6, 2009 at 2:39 pm
Well I know the reason I am in debt is more because I dont HAVE the money for anything and there are things I need (like food) that caused me to go into debt.  So it is a variety of reasons why people are in debt.  Some people just spend more than they have because thats all they can do.  Some people do it and KNOW that they dont have it just so they can have the "best" stuff. It all depends on the inidvidual and their backgrounds

skyrpincess4628 Rep Points: 355
Posted on April 6, 2009 at 2:54 pm
Usually people does get on debts for being always "in" in the fashion trends , there are people that finds having luxurious things comforting and  secure. Other reasons well are things that's we cant control.
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