#10 Debt & Crisis Management in Fast-Changing World

Did you know that 9 out 10 people are in one way or the other deal with debt. Consumption debt is like any trap that you can easily fall into but very hard to get out of. The discussion deals with what is debt, what are the drivers of debt, what debt crisis is and how does it occur. Why is debt becoming an issue in the fast-changing world and strategies and actions to take charge of debt.

Debt is money that is not with you but you can access, use and pay later. It may mainly occur when expenses exceed income, commitments exceed projections, and because accessible debt availability. The realities are mind blowing.

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