When you get in debt you become a slave. – Andrew Jackson When you get in debt you become a slave. – Andrew Jackson

When you get in debt you become a slave. – Andrew Jackson

Andrew Jackson was an American statesman, the seventh president of the United States. 

Debts can become a very dangerous weapon for yourself. By accumulating them, they can become a huge problem and a difficult concern to bear. If you think about it, debts are the huge result of an income you might not really have, because they are expenses made with money that is not in your hands yet.

There’s something about the debt that tempts you to keep spending even when you can't afford the payments. Part of the allure of debt is the fact that you can get the emotional high from getting new things now, without having to deal with the immediate pain of parting with money. It can feel like you’re getting something for nothing. But eventually, that spending will catch up with you, and it won't feel so good then.

This could cause you to feel like you're working too hard, and not getting any results. Because your income is committed long before you have it, and you don't have any space left to invest the money in a more productive way, just the feeling that it is fading away in your hands.

Using your credit wisely is the best way to avoid debt. Look for some tips and resources that will teach you how to get out of debt and incorporate smart habits into your spending routine.

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