Photo by Alexander Schimmeck on UnsplashThere is no doubt that we live in a world where money can be cheap. Many thanks to the low interest rate monetary policies of apex banks around the world. This is a big incentive that can fuel reckless borrowing by individuals because it makes for less cost of borrowing. The other side of the coin however, means that cheap cost of borrowing can lead to acquisition of high debt that spins out of control.Debt so high that it spins out of control can be injurious to your wellbeing. It can keep you awake at night and make financial freedom a far-fetched reality.You\u2019re wondering how it can happen to you? Yes, it can happen to you in the course of many financial decisions you will make as you move from one stage of your life to another.Let\u2019s say you\u2019re currently a college or university student. Unless you have already won a lottery or got some fat monetary inheritance, chances are high that you owe some student loan debt right now, which can increase before you graduate.Congratulations on your graduation! You are now decorated with a degree, which sets you up to go for your dream job. You land your dream job, the pay is right, just what you expected, and life is good! Now you want to own a good car that befits your status as an educated young individual who is doing well in life. You go out and buy that car, why not? But now, portions of your after-tax salary minus other compulsory deductions, will start to service your student loan and car loan debt, in addition to other living expenses you compulsorily incur, including rent.You have feelings. That\u2019s normal. You long to love someone and long to have that person love you\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Photo by Alexander Schimmeck on UnsplashThere is no doubt that we live in a world where money can be cheap. Many thanks to the low interest [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/2638"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=2638"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/2638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media\/2639"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=2638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=2638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=2638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}