At this time, the debt becomes something very common in the urban society. The debt have made an addiction for people use it, even though the debt is a parasite in life. Lots of people will dependence with debt because, debt have ease for help crisis financial.
What is debt?
According to Investopedia.com Debt is an amount of money borrowed by one party from another, and according to Wikipedia.com Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. It can be concluded Debt dependents to be paid by the debtor.
How debt make people become an addiction?
The debt have ease of payment, For example ; if You have a debt, the money lender will make payment in accordance with the debtor but with the interest rate on money agreed by both parties. Debt makes a lot of desires will reached, for example ; if You have a desire to buy a new smartphone, you can do debt to get it.
What is debt addiction?
According to Moneycrashers.com Debt addiction is more than compulsive shopping. Debt addiction will make someone who is addicted to debt uses debt as a crutch for solving their financial.
What function of debt?
A function debt this time for a necessary because crisis financial, in other words, debt have functioned as help life. Because increasingly high economic demands, then people's must fight and survive for fulfill a necessary. Increasingly high economic make a problem complex, at this time debt have functioned as lifestyle. Debt as lifestyle is an intentional needs because urban society have high lifestyle, they used debt for buy gadget, shopping, and holiday, etc. This is about hedonism, Hedonism made they have a debt. Function debt as a necessary change become a lifestyle.
Good debt if used a debt with wise, when you need money, you can do debt as solution.