• 4 Ways Debt Can Affect Your Life
    Credit,  Money Matters

    4 Ways Debt Can Affect Your Life

    Everyone will encounter debt at some point in their life. It may happen right after college, being overwhelmed with the thousands upon thousands of dollars in student loan debt, or it could be from consistently frivolous spending for things you didn’t need, and don’t use even now. While some people can manage their debt, not everyone can do so, and this could severely impact and affect their life in many different ways.   You Are Stressed Money worries are one of the critical components of stress, and from stress comes anxiety and depression, creating a vicious cycle that can feel almost impossible to escape from. This stress is compounded with…

  • 8 Signs Debt Is Becoming A Major Issue
    Credit,  Money Matters

    8 Signs Debt Is Becoming A Major Issue

    It’s fair to say that debt has become normalized in modern society. The statistics back this up: according to CNBC, the average person is carrying around $38,000 in personal debt – a figure that does not include home mortgages – and less than 30% of people can say that they have no debt. As a result of the above, it’s not uncommon for debt to just seem… fairly mundane. Part of life. Not something to be worried about. However, there is a big difference between debt that is controlled and being repaid, and debt that has spiralled into something more and become a Problem, capital P and all. Given the…