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Keeping debt under control and acquiring debt responsibly makes possible a world of rewarding and worthwhile activities and acquisitions. Buying a home, attending college, covering unexpected expenses like a new roof, even purchasing an automobileall these and more would be much more difficult without the ability to buy now and pay later.
But when personal and household debt becomes excessive, it can summon potent forces of unhappiness and frustration. Those who get in over their heads with debt have low…
Read the full article at: https://www.forbes.com/advisor/debt-relief/mistakes-when-getting-out-of-debt/