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Bernard Elebe
@360christmas
A financial trap is a situation where you get caught in a cycle of debt or poor financial decisions that are hard to escape. It often involves high-interest loans, credit card debt, or too-good-to-be-true investment schemes. These traps can seem appealing at first but quickly become overwhelming, leading to financial stress and instability. As Admiral Ackbar would say, "It's a trap!" Recognize these dangers early to avoid falling into financial hardship.
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