What is another word for run into debt?

Pronunciation: [ɹˈʌn ˌɪntʊ dˈɛt] (IPA)

Running into debt is a common phenomenon for many individuals, businesses, and even governments. When people incur more expenses than their income or revenue can cover, they end up borrowing money to meet their financial obligations. Some synonyms for the phrase "run into debt" include "accumulating debt," "getting into debt," "falling into debt," "going into debt," and "building debt." These phrases all describe the same situation where an entity has borrowed money that it cannot immediately repay, leading to a debt burden. While borrowing money can be a useful tool for achieving financial stability or growth, it is crucial to manage debts responsibly to avoid accumulating excessive debts over time.

What are the hypernyms for Run into debt?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    incur debt, accumulate debt, be deeply in debt, borrow money.

What are the opposite words for run into debt?

The antonyms for the phrase "run into debt" would be "remain debt-free" or "stay financially stable." These antonyms indicate a situation where one is not accumulating any monetary liabilities and is managing their expenses and income in a responsible manner. To stay debt-free, individuals can adopt good budgeting habits, avoid unnecessary expenditures, and save regularly. It is crucial to have a clear understanding of one's financial situation and to plan ahead for unexpected expenses. Avoiding debt also means having the freedom to make choices in life without being burdened by financial stress or limitations.

What are the antonyms for Run into debt?

Famous quotes with Run into debt

  • 'Twas drink made me fall in love, And love made me run into debt, And though I have struggled and struggled and strove, I cannot get out of them yet.
    Alexander Brome
  • Think what you do when you run into debt; you give another power over your liberty.
    Benjamin Franklin

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