Why People Get Into Debt
Different people have different reasons for spending more money than they have. Most of the time it is due to emotional causes. One reason is impulsivity.
According to Clifford Vendt, a financial counselor in Salem, New Hampshire the major stumbling block is a total misunderstanding of family financial management, coupled with easy credit, coupled with misunderstanding of the word ’stewardship.’
Full Article: Why People Get Into Debt
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