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Beware of budget traps

Can Budgets Get Trapped In Reward Debt?

We’ve all heard the excuse, ‘debt-traps’. They are most offered used in reference to reasons, none to their own, why their budget is such a mess. These traps are frustrating, destructive and are often harder than quicksand to escape. The most difficult task in trying to put an end to these problems is to first admit to being part of the problem. A debt-trap begins with the consumer who overuses or even abuses third party money help. Companies make it easy. With enticing offers, personal failures multiply. It takes a balanced budget, … Continue reading

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