5 ways to avoid getting into debt2 min read 26 May 2022, 09:22 AM IST
The debt trap refers to an uncontrollable increase in debt. It's possible to end up with a pile of debt that takes years to pay off if you're not careful. Let us find out how can one avoid a debt trap
When people save money, what do they usually do? Because of a better lifestyle tomorrow, they sacrifice what they want today. People can now fulfil their wishes as they arise with the help of credit cards, monthly instalments and loans.
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