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Thread: Free from debt is free from care?
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[quote=YVONNE,246393]Since I was very young, I have heard old proverbs like "free from debt is free from care' and " A good debt is not as good as no debt". These proverbs indicate the traditional value of thrift. But, time has changed, the economic growth has changed the consumer's view. Obejectively, the rising real estate price and daily necessity price make people have to be in debt. Also, the "credit consumption " help the youngsters realize the dream of "Buy Now, Pay Later". Subjectively, every human has the dream to seek a better life. It is hard to define what a good life is, but a better life implies to possess more "stuff". "Buy now, pay later" make most middle-income youngsters get into debt. When immersed in the dazzling consumers' goods at the shopping malls, few people can resist the temptation. (To be frank, i can't) Put your favoriate goods into shopping basket to your heart content. Is credit-card purchasing a trick?[/quote]
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