The history of the modern debt is deeply routed with credit and credit cards. The idea that you don’t need to pay for something right now is fascinating, to say the least. The concept is a big leap from the traditional exchange practice, where someone exchange goods and services for money and vice versa. But apparently not so uncommon. In the ancient Rome times, debt was not uncommon either and if someone dies or couldn’t afford to pay back, his creditors might go after family members and ask them to pay back or the person who owns money might sell themselves as a slave. In the modern times, slavery is illegal, but we still have the concept of modern slaves, where if someone can’t pay their debt, they either need to go “under the grid” and live off cash, or if they have a job, most of their income will go to repay the debt. But there is also another way to keep people in debt. The invention of credit cards provides something fascinating, and that is you are now allowed to overspend mo