Debt sucks, and when you're in it is way harder to feel like you are spending with purpose. But even paying off debt has a purpose. The end goal is more freedom, more options, and a simpler life.

当你在负债时你很难感觉你的每一笔花费是有目的的，即使是偿还债款也有目的，最终目的是更加的自由更多的选择和更简便的生活。

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Most of the options for dealing with the debt overhang are unpalatable.

大多数处理悬置债务的方法都不太令人愉快。

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Theory suggests that firms with tax benefits from the exercise of stock options should carry less debt since tax benefits are a non-debt tax shield.

这个理论建议公司运用股票期权带来的税收利益从而减少负债，因为税收利益可充当债务的挡箭牌。

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After all, many of these options are replacing unsecured debt with secured debt.

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While people free of debt can live their lives with a great deal of freedom, individuals buried under debt will find their options perpetually limited by what their budget, creditors and credit rating allow them to do.

FORBES: How Debt Limits A Country's Options

If it still had the escudo, Portugal may have had better options to deal with its debt problems.

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