Debt. It’s a word that looms over many households, weighing down aspirations and dreams. For some, it's a temporary setback—something they’ll overcome with a bit of effort and time. For others, it’s an all-consuming problem, threatening to derail their financial future. But why does it seem so easy for so many to fall into debt? What are the invisible forces at play that make it harder for some to escape?

The truth is, debt doesn’t just happen—it’s the result of a series of often-overlooked choices and systemic issues. It’s not always about extravagant lifestyles or poor money management; sometimes, it’s the subtle, almost invisible traps that people fall into without realizing the consequences. In this post, we’ll explore the hidden reasons behind why many people struggle with debt, and most importantly, how you can sidestep these pitfalls and take charge of your financial well-being.

1. Lack of Financial Literacy

One of the primary reasons many people struggle with debt is the ...