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A crushing debt may be the result of unexpected and unavoidable setbacks in life, from a medical problem to the loss of a job. But a surprising proportion of those who have shared their stories of acquiring, and then clearing, significant debts in their life characterize the spending that led to the problem as foolish or careless.
Alexis Busetti is among that rueful group. A financial coach from Houston, Busetti describes much of her $75,000-plus debt as the result of spending on things and experiences I could not afford. Eating …
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