Anyone else terrified of debt because of family history?

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Tyranthraxus posted...
Just declare bankruptcy. Especially if he's 25.

Hes over 40 now, runs his own business. The problem with my brother is he's a salesman right down to his soul. He will always spend 5 dollars he doesn't have if he thinks he can make 20 dollars from it.
CE's Resident Scotsman.
http://i.imgur.com/ILz2ZbV.jpg