Avoiding debt is easier said than done

Nothing wakes you up quicker than a letter from the debt collector. These bastards don’t mess around. If you don’t cough up the cash they will take everything you own and kick you out on the street.

Some tend to miraculously find the exact amount owed before a debt is sold to a collector agency. How they came across that money is usually not spoken about – due to legal reasons.

Who thought this would be a good solution? You can barely afford to pay rent and buy food. How can you suddenly afford to pay a huge lump sum with penalty fees, etc attached to it?

Where’s the logic in this!?

You just started a new job. You pay rent, bills and food. You get nicer looking clothes for work. Treat yourself to a better mobile phone. Everything seems fine – so far.

Suddenly the company decides to save money.
You were the last one in. You will be the first one out.

It’s easy to say that you shouldn’t sign up for anything that might land you in debt. By that logic you shouldn’t go outside. Because who knows, you might get killed by a mugger.

You can’t expect people to know what will happen in the future or how the economic climate will be like five years from now.

No-one expected the recession a few years ago and the ongoing crisis in Europe.

The last thing we should want is a hand-out. But there must be a better way to handle debt. Or should we just assume that everyone with a debt deserves being in that situation? If they end up on the street, it’s purely their own fault?

If you look around it’s evident that how we handle debt isn’t really working so well at the moment. At some point– most likely ages ago –an alarm should’ve gone off. Letting us know the way we handle debt will create poverty.