I think it is impossible for our expenses to exceed from our income and if ever it is possible then maybe we are on a very low-paying job but it is better to quit on them and find something better. I am sure that we can do that if we will only keep on looking and trying our best like in the job examinations, interview, training, etc... As long as our expenses doesn't exceed from our income then we may not fall in a debt. There are indeed unexpected and sudden expenses but that is why savings are invented, so that we can have something to use for them. Apart from it, there are also investing and other forms of earning an extra income.
It is not impossible and it does happen to some people today because they are indeed pursuing a life full of luxury and some even take loans to fulfill their lifestyle.
This is a wrong lifestyle although there are some people who continue and I think this is one form of no life management to manage expenses and income.
If people can manage expenses not to exceed income then I am sure they will never get financial problems, even though their life is not luxurious like most people.
Living conditions like this are much better and they can avoid unproductive loans so that performance in living life will be much easier to apply to the investment sector or smaller-based businesses to increase income.