Meaning Over Money
262 - Credit Card Debt and the Myth of Irresponsibility: How Our False Perceptions Are Luring Us Into the Debt Trap
Published: 20 September 2023 at 17:38 Europe/London
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Episode notes
When we look at the millions of Americans in credit card debt, our typical reaction is to shake our heads and think to ourselves, "If they just would have been responsible, they wouldn't be in credit card debt." In today's episode, host Travis Shelton makes the argument we have it backward. Rather than people going into credit card debt out of irresponsibility, it's because they are trying to be responsible.....with the other areas of their life. Our responsibilities are often aligned, but they begin to collide when we experience financial stressors. Therein lies the trap.
If you have questions or would like to connect with us outside of the podcast, here's where you can find us:
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