Because they make incredibly stupid choices in how they spend their money?..................
You win the giant teddy bear. There is a family in our community who are earning about $80,000 a year yet are behind on payments, credit cards maxed out and whining about prices. Of course, they are making payments on about 150,000 worth of aultomobiles, a not too shabby house and frequent my brother in law’s saloon.
My wife and I got debt free and live on about 60K retirement incoome. We have the money to go places, do things and buy what we want but there are no CC balances carried over and money still goes to savings/investment each month. In the last 6 months, our grocery bill has DECREASED by about $50 a week and we eat well.
It’s amazing what you can do living within your means.