Practices for Handling Money II: Debt
If I’m going to talk about money, at some point I have to talk about debt. In America at least, debt is a way of life. The American government is trillions of dollars in debt, and that amount grows every day. Americans by the bucketloads take on debt to fund their college degrees, buy their homes, run their small businesses, and own their cars. Consumer debt in America is pandemic. You might say that debt is the norm, it is the culture, and people don’t think twice about taking it on. Sometimes, however, you can follow the culture to your…