Debt is just a result of poor education. People literally not realizing what is happening with credit card debt is 100% an education problem. I've had girlfrien

Debt is just a result of poor education. People literally not realizing what is happening with credit card debt is 100% an education problem. I've had girlfriends who build up credit card debt like they were going for a high score until I tell them what it's doing and how much they could save. They literally don't understand that buying something they want because its on sale at a 20% discount on the credit card is not a discount when you end up paying 20% on that money every single year going forward. They just saved $20 on some purse and because they carry a big running balance on their card, it will be 5 years until they even get close to paying down that purchase. That $100 purchase that was discount to $80 actually costs them around $200 in 5 years, when actually it will be much longer than that for them than 5 years to pay off with the balances they have. I've seen people who make $40/hour being a waiter or waitress after tips at a nice restaurant but they just purely live beyond their means. They often just eat out, every single day for lunch and dinner, not realizing if they look at their charges that they just spent $2K on food this month, and $400 was given straight to Uber just for convenience. Then you also have the people that are just going through hard times and want to survive using debt but I've found again, an education problem, not as simple as simple not understanding interest, but a problem none the less. No budgeting, no planning, no sacrifices. The amount of people that could move each other out of poverty by simply getting a roommate is insane. On another note, there's a hotel nearby, it's not the best but it is the cheapest and the homeless will spend $60/night together to stay there as a group of 4 people, only about $15/day per person more than they make panhandling in a day. They are almost there with their thinking in sharing but again have made a critical mistake. $60 a night is also equal to about $1,800 per month - the same cost it would have been to get maybe a 1 or 2 bedroom apartment. Sure they would have to actually trust the people they live with, but on literally $15 per day, they could have permanent shelter. Of course drugs and everything else complicates that, but in our society it really isn't that bad to simply get food and shelter, but people always live beyond their means and make poor decisions due to poor education.