If you've borrowed money, you are in debt. You might not think of yourself as a person with debts. But if you have a mortgage, if you have an outstanding balance on your credit card or you have just bought a new television on interest-free terms, you're in debt. There's nothing wrong with debts, so long as you can afford to pay them back.
If you've borrowed money, you are in debt. You might not think of yourself as a person with debts. But if you have a mortgage, if you have an outstanding balance on your credit card or you have just bought a new television on interest-free terms, you're in debt. There's nothing wrong with debts, so long as you can afford to pay them back.
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