The debt you don't know you have

You don't need to buy a home or a car to be in debt. You can be indebted without a loan or a credit card. Listen up!

Rent is debt if you sign a lease. Most landlords require you sign a six to twelve month lease.

Most people buy a cellphone through the service provider and sign a two year contract. That is debt. (That's why I bought an unlocked GSM phone in Asia and use always prepaid service). BTW, it is impossible to buy an iPhone in US without a contract.

You can't set up a new Internet or television service in your home or flat without a contract. Period.

The US market is designed to force people into debt slavery by its system of service contracts. When you have a contract, you're obligated for that period of time even if your circumstances change. That's debt.

I strongly encourage anyone who reads this to think twice before signing the dotted line. Do you really need an iPhone so badly you'd enslave yourself to it? It is your master for the duration of the contract. You are enslaved for two years to pay for a phone that will be outdated before the contract expires.

Think about it.