There are many people who earn interest. They wrongly believe that earning interest will make things easier for them. However, the reality is the fact that earning interest is actually quite bad and there are many reasons for that.
It increases debt
Countries that rely on interest have...
When an individual tries to borrow money in order to satisfy a particular basic or business need. It is definitely advised that he or she should not borrow beyond what he or she is capable and able to pay. The spending and usage of money you can obviously be addictive, but it is definitely...
One of the worst action an individual can take when he or she is indebted is, taking up more debt while paying off debts. No doubt this is a crazy and insane action an individual who is indebted can possibly partake and it is absolutely a bad idea. The psychology of debt to an individual's mind...
Being in debt can be a stressful, daunting, and overwhelming experience. It can cause feelings of anxiety, fear, and even shame. It can be difficult to manage daily expenses and plan for the future when you are focused on paying off debt. However there is absolutely no restriction from an...