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We have an entire generation growing up with the idea that large debt is natural and acceptable. I've had countless friends go down $10,000 in debt and say "wha
by jonesb6 11y ago
We have an entire generation growing up with the idea that large debt is natural and acceptable. I've had countless friends go down $10,000 in debt and say "what's $20,000 in debt really?" and it's a vicious cycle from there.
- duderific 11y agoYep - and they probably got there eating out a lot, opening a tab at the bar, buying the latest and greatest electronics, traveling etc. There is no concept of living within your means.
- jonesb6 11y agoHonestly I think most of the things you mentioned are completely do able and can improve quality of life enough to justify the expense. Overpriced car straight out of undergrad? That's a different story entirely. Those things could anchor an air craft carrier.