A boomer told me I should just avoid borrowing money and stay out of debt.


Sounds simple until rent, utility bills, and grocery prices enter the conversation.
The reality is that many people end up taking on debt just to cover basic living expenses, because living below the minimum standard isn’t always a realistic option.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned