UN­DER­STAND WHY DEBT IS AN IS­SUE

Finweek English Edition - - MONEY -

Mwan­di­ambira says debt can be so much more than a f inan­cial in­stru­ment. He says that of­ten, debt is a symp­tom of a per­sonal prob­lem or deeper psy­cho­log­i­cal is­sues.

“Us­ing debt con­sol­i­da­tion, trans­fer­ring bal­ances to a credit card and sell­ing as­sets, such as a house or your car, does not ad­dress the root cause of the prob­lem. You are try­ing to re­lieve the symp­tom by look­ing only at fi­nan­cial is­sues,” he

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