Debtfree Magazine Issue 3 of 2022
Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,
Debtfree Magazine #3 of 2022 - Is being in debt review a sign that you are poor? Does it maybe mean something else? We discuss going back to normal and what that means for your wallet or purse. News, reviews, interviews and more. 150 pages about dealing with debt,
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ARE WE POOR NOW?
ARE PEOPLE IN
DEBT REVIEW
POOR?
When entering debt review,
consumers are asked to switch from
a credit lifestyle to a cash lifestyle.
It is not easy, and many people fail
because of the bad financial habits
they have fallen into.
As opposed to simply spending on credit,
consumer in debt review are asked to budget,
and live within their means. This is typically
something they have not done for years, or
perhaps ever.
Since there is a stigma attached to not living
large, and not spending to look wealthy, most
people hesitate to tell their friends that they
are under debt review. This can lead to the
awkward situations when friends want to
splurge on activities or services that would
blow your new budget. If you say “no thanks”
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