They are a lot of reasons not to accumulate excess debt. The first one is not to go through financial stress. Debt accumulation can really be overwhelming so we just have to resist such act. What do you think?
Reasons not to accumulate much debt
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That surely be stressful and troublesome especially during pay time and you lack money so the interest of your debts surcharges. It's better to refrain doing this to be able to save money.
Debt accumulation may cause one to be financially stagnant and may lose serious issue to one's financial status. Been free from debt gives peace to the mind.
The first thing you should do to avoid debt is not to have a credit card, by doing this you can avoid at least 90% of your debts.
It is very difficult to make money online, especially if a person is not well connected, so it advisable to reduce the credit card debt since there may not be funds to pay the credit card bill.
