Marketing Has Made Debt Normal And Acceptable

I bet in 1929 you couldn’t head down to the local pet store and finance your family dog. You would be laughed out of town. Today you can get the puppy for a low monthly payment with approved credit.

In Larry Burkett’s book Christian Financial Concepts he states that in 1929 only two percent of homes had a mortgage. In 1962 only two percent didn’t.

What changed? Why in the last 65 years have we seen such an increase year-after-year in personal debt and why is it so out of control?

One word, MARKETING.

Marketing has made debt normal and acceptable and you are being sold debt every single day. If you hear a lie told often enough, the lie becomes truth.