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Main Reason Why People end up in debt
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[QUOTE="funmi, post: 219811, member: 38880"] Many people become indebted as a result of the fact that are living above their means of income and they are struggling to meet up with a certain level of societal standards and expectations. I know of so many people who are living above their earnings and they do this all in a bid to impress those living in their neighborhood so that people may think highly of them. Whereas they do not earn up to what they are showcasing to the people to see. This is most times regarded or called fake life. There are others who lack self control when it comes to spending, they seem to have a very high taste for virtually everything. Beginning from their shoes to wears they always go for expensive stuffs all these normally gets them indebted. There are others who are so used to gambling and what ever earning that get either from their business, or jobs they will always prefer to spend it on gambling. There are others who has taking the use of alcohol as a life style, hence they spend virtual all their earning on alcoholic substance or drinks and they become indebted. There are many other reasons. [/QUOTE]
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Main Reason Why People end up in debt
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