Which of the following is a consequence of accruing debt through frivolous spending?

Accruing debt through frivolous spending can lead to potential financial stress because it often results in a cycle of owing money that can be difficult to manage. When an individual spends beyond their means, they may struggle to meet their monthly payments, leading to late fees, higher interest rates, and deteriorating financial stability. This stress can manifest in various forms, including anxiety over bills, a lack of savings for emergencies, and an overall feeling of being overwhelmed by financial obligations. In contrast, accruing debt generally does not improve credit scores, increase financial freedom, or lead to greater wealth accumulation; rather, it typically has the opposite effect, making it more challenging to achieve financial goals.