The Shocking Reasons Why People Stay In Debt (Don't Do This)

Debt is a huge part of modern life, impacting people from all walks of life, no matter how much money they make, their education level, or their social status. We often think people end up in debt because of unavoidable financial mistakes or tough economic times. However, the reasons people stay stuck in debt are much more complicated and, honestly, pretty surprising. Let’s take a look at the real reasons behind chronic debt–spoiler alert, it’s not good.