credit card debt quotes

When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.

Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.