Filipinos owe credit card companies a staggering P297.49 billion as of February 2019, according to central bank data.
One could end up wallowing in debt if he or she is not careful with a credit card’s usage. And to compound matters, loans and money owed to other people put pressure on one’s finances.
Which is why it is important to manage debt properly if your goal is to gain financial freedom.
Are you taking the proper steps to clear your debts? Have your say in the poll and leave us a comment below.