Debtfree Magazine Issue 11 of 2021

ARE YOU ADDICTED TO DEBT?
ARE YOU
ADDICTED?
As mentioned, millions of people use credit and are
able to manage it well. And we all feel good when we
buy ourselves something shiny & new, that’s normal.
These days, credit providers are desperate to hand out
credit. Access and responsible use thereof is not a sign
of an addiction.
If, however, you are ashamed that others will find out how much
debt you have, you are losing sleep over your debt, if you have been
drinking to manage your debt stress, if you do not want to check your
bills and statements but still want to try use more credit, you may be
addicted.
Do you find that the easiest way to solve a problem is to throw
money at it? Have you gone so far as to lie to a credit provider about
your monthly spending, or about how much other debt you have
when applying for more credit? These are warning signs.