It's great that you put this as the first in the series of financial freedom posts. Because there's a lot of people out there living on credit and adding to their debt monthly instead of paying part of it. Personally I don't like to worry about credit so I don't live on it, ever. But I understand its benefits to the economy and even in personal situations, on occasions.
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Without a doubt. There is no way to get ahead when in major debt. The system is designed to hinder one completely.
The institutions are experts are getting people hooked in and then sucking more out of them.
This is what people need to avoid.
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