How do you get in to debt?

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1157397

2026-04-07 18:40

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You can get into debt by spending more money than you earn, often through credit cards, loans, or other forms of borrowing. Unexpected expenses, such as medical bills or car repairs, can also lead to borrowing. Additionally, poor financial planning and lack of budgeting can contribute to accumulating debt. Ultimately, relying on credit without the means to repay it can quickly spiral into a debt situation.

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