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Understanding Debt Fundamentals to Become Debt Free We have a culture of debt in this country and for many it has become a huge problem in our current economic climate. For years, it was almost a rite of passage to saddle yourself with car payments, mortgage payments, and credit card payments beginning at an early age. While it makes sense in some cases to take on debt, many people who have had the rug pulled out from under them in this...more
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