I believe that it was Josh Billings, the pen name of 19th-century American humorist Henry Wheeler Shaw, who once proclaimed, “ Debt is like any other trap, easy enough to get into, but hard enough to get out of.” Q1 2022 hedge fund letters, conferences and more Still, getting out of debt is no easy task. It requires some sacrifice, discipline, and patience. What’s more, you may have to change your habits. And, along the way, there will be unexpected expenses that can siderail your repayment plan. However, getting out of debt should be a financial priority. For example, you’ll have more income….