How Do People Get Themselves Into Debt?

There are several ways people get into debt. Credit cards are obviously a big thing these days for people; high interest rates, minimum payments those will keep people into debt. A mortgage is a debt also, but it’s a good debt so your buying into something that will appreciate its value so, yes it’s a debt but a good debt. Another thing that can cause debt is not living within your means. If you have your budget, live within your means within what you bring in and what has to go out and only used what’s been left over to spend then you’ll be ok but it in those people that need more or want more, more like want more that go out and charge things up and that what’s ends u putting them in debt is the want, the wanting more than what they can afford. Student loan is another debt but it’s a good debt; you’re getting educations so that when you’re done getting that education and go out get a good job. So yes it’s a debt but it’s considered as a good debt.