Don't try and get back at your ex-partner by doing things
like running up debts on joint accounts, freezing an account without telling them or not making payments you've agreed to
Not exact matches
And since you probably couldn't afford to take a comparable salary at first, you also faced a variety of unappetizing choices
like dipping into savings, or
running up credit card
debt, or borrowing money from your friends and family.
And the fact that joining the euro, means that you're not allowed to
run a budget deficit to pump money into the economy to recover --- just
like America has done --- it's that you have to pay
debts that are so much beyond your ability to pay, that you'll end
up like Haiti did, after it rebelled after the French Revolution.
So instead of
running up a bunch of credit card
debt, I
like to find really good deals for nice things on Gilt and mix them with inexpensive pieces I pick
up elsewhere.
Ordinary people
like you or me aren't the only ones who can
run up debts — governments can owe people money, too!
And as you arent restricted to one store but can use it in whatever outlets you
like, you could
run up more
debt on it than you were able to before.
Moreover, if you ended
up with this
debt because of a life - changing event
like getting divorced or losing your job, the loan won't address the root cause and you
run the risk of getting stuck in a new cycle of
debt.
«Card issuers
like the person who carries a $ 5,000 balance,
runs it
up once a year and pays it back — that's the bread and butter of the credit card world,» says Ken Clark, a certified financial planner and author of «The Complete Idiot's Guide to Getting Out of
Debt.»
Too much of that, and now nobody
liked me because no matter how much I explained that it was investment
debt, they labeled me as
running up a mountain of bad, risky consumer
debt.