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Contrarian views on Debt and Combat tips of Debt Management
This guide provides contrarian view of debt and gives situation-specific steps to successfully pay off debts.
Hi there!
We wanted to talk about our latest post on debt.
Debt is complicated. So much so that we took longer than expected to finally release this post.
Debt is also easy to get into but difficult to get out of. This is true due to a mechanism that works against the borrower.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/669e2318-ee20-4ef8-8c94-7147e4783755/pocketmint_insta_post_template__4___1_.png)
Just like how a trap works, it keeps the borrower in debt. It is known as debt overhang.
That said, not all debts are bad and there’s a simple way to differentiate it.
All of these are in the consolidated guide on debt management that we have just published on https://www.pocketmint.co/contrarian-views-on-debt-and-combat-tips-of-debt-management/.
Sneak peek
Let us know if you agree or have other thoughts on this guide!
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