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Brazos Valley | It doesn’t make sense when our entire economic philosophy is built on using other people’s money to obtain any item we want even if it is not a need.
I graduated in May of 2012 with a Bachelors degree. I was 28 years old, married, owned a home, expecting our first child, and took zero money from my parents. I graduated with around $65,000 in student loans. I just made the last payment on my last student loan as to not have a payment next year.
The issue I see in my daily line of work is that Americans are cash poor and credit rich. Seldom do people have the funds to pay for a surprise repair on their AC without getting help from their relatives or charging it to a credit card.
I wish they taught personal finance in high school and college. We would be better off if they did.
Caleb | |
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This doesn’t make any sense to me.
