There’s been a lot in the media lately about debt addiction. It’s a problem not only in America but in other parts of the world, too. Despite knowing the dangers of overspending, sometimes people can’t seem to stop creating new debt.
It’s not hard to see that many of us have too much debt – and we know it. In the wake of the Great Recession, many of us have taken steps to curb our spending and reduce our debt. But those steps are harder to take for some people. Despite knowing the dangers of overspending, they just can’t seem to stop creating new debt.