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"because you live in a country where the primary purpose for you as a citizen is to go into debt, so you better know how to, at the very least, do financial pla
by TheRealPomax 2y ago
"because you live in a country where the primary purpose for you as a citizen is to go into debt, so you better know how to, at the very least, do financial planning"
- AlexandrB 2y agoArguably, being able to do financial planing will keep you out of debt. At the same time the number of people who understand compound interest is shockingly low - a great boon for credit issuers hoping to exploit you.
- TheRealPomax 2y agoIt would be fanstastic if they taught it in school. They don't, though, which is all kinds of questionable.
- QuadmasterXLII 2y agoWhen interest rates were 2.5% guaranteed for 30 years and the govt was running a 3.1 trillion deficit on 3.6 trillion of revenue, hell yeah we went into debt! 2020 was a good time to be able to calculate.