10 Ways to Slip into the Debt Trap

Buy on credit as much as you can. Pull out all the stops for liquidity improvement (e.g. overdraft, credit card, trade credit). Spread your debts. Calculate without buffers. Protect your investments by borrowing. Trust your employer. Believe in your health. Don’t consider fluctuations of interest rates. Believe in increasing markets. Ignore any outstanding accounts. Important: […]

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