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We now live in a society where more debt is the “solution” to everything: Can’t afford basic necessities? Take on more debt. Can’t pay your tuition? Take on more debt. Can’t afford to buy a home? Take on more debt. Can’t keep inflation under control? Take on more debt. Can’t run the government efficiently? Take on more debt. There’s a reason why consumer sentiment is now below 2008 levels. Our society is drowning in debt.
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📰 The Financial Express discusses minimum credit card payments vs. balance transfers, including the risks of high interest rates and fees. Download Fynx App: tinyurl.com/fynx-app-ps #creditcards #debt #finance #balancetransfer