silly poll. please boost because it's absolutly useless and we need such things today.
which have you heard? The one I heard more seems to make less sense, but what have you heard
I know in my core the only reason I don't have debt is because we had a little financial security growing up. And I haven't been hit by the natural and man made disasters that push people into this corner. Not about "financial planning" to the degree people think.
When I was younger, more broke over draft fees nearly ruined my life.
A $30 fee on a $4 purchase. I fought it. Yelled at them on the phone until they removed it. "Why would you think anyone would want this service?"
Every single day there are all these offers to go into debt flying at my face. I don't even notice them anymore. And I can see easily how they could take over your life.
The "offers" have a tone that makes it seem like a normal thing to do. I think we should cancel all of these debits for those who have them. Let the creditors fail and make the whole thing illegal.
It's what Jesus would have done. Flip over the table. Scatter their coins and contracts and chase them out of the temple.
Buying some perfume online.
"Would you like an installment plan?"
For a $26 purchase.
If I wanted I could set up the installment plan for the $26 purchase and have it charge my credit card.
Call it "micro leverage on leverage."
Some puritanical grumpy voice deep in me that came from my dad is grumbling that it ought to be illegal to buy something like perfume like this. But really it shouldn't be possible for any purchase. In some ways buying food this way would be a sadder story.