> “Rent, groceries—everything is costly,” says Kervin. “You get your paycheque, and you don’t know where it goes.” This quote really stuck out to me. It wasn't

> “Rent, groceries—everything is costly,” says Kervin. “You get your paycheque, and you don’t know where it goes.” This quote really stuck out to me. It wasn't "just poor financial planning" it was absolutely no financial planning. Was there predatory behavior on the part of the loans? Absolutely. But to me the larger take away here is the importance of budgeting, saving, and being responsible with your financial planning. They were making over $87k/year after-tax, and just a couple months after he lost his job they had liquidated their entire savings.