10 Reasons Why Being in Debt Stinks

[wp_campaign_1]

Being in debt … well, it kinda stinks. Actually, it really stinks. Big-time. I’m not talking about a reasonable mortgage debt, or a $200 monthly car payment. I’m talking about high-interest, huge-balance, keeps-you-awake-at-night levels of debt. The scary kind of debt. The kind you should get rid of as quickly as possible.

We often hear tips, tactics or other pieces of advice about how to climb out of debt. But let’s take a step back, for a moment, to discuss why you should want to get rid of your debt in the first place. Here are 10 reasons why being in debt stinks.

#1: You become stuck in jobs you hate. Debt creates this whole new dynamic where you are forced to work at jobs you hate, doing things you don’t want to do. For some, that means being a janitor. For others, that means working in cubicle.

Regardless . . . → Read More: 10 Reasons Why Being in Debt Stinks