Rising Debt Among Young Bulgarians: A Concern for Financial Literacy
The number of young people up to the age of 25 who are heavily in debt is on the rise in Bulgaria, with the fastest-growing demographic being young individuals, even those with stable incomes. Financial mismanagement is primarily to blame, particularly among men, who tend to incur more debt than women. This alarming trend is highlighted in data and observations from the EOS Group, a company specializing in the purchase and management of receivables.
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