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Topic	Why are so many people bad with money?
CARRRNE_ASADA 02/21/21 12:27:33 PM #40:	foxhound101 posted... I really wish schools offered/required a course on finances. It doesn't have to be anything overly complicated. But just an explanation on how credit cards, school loans, car loans, housing loans, long term value of a car, etc. Just some over-all better education on putting some thought into your buying decisions. Cars are one of the areas that Americans really, really don't seem to understand the long term finances of. This leads to a never ending debt cycle. No you can't afford the car if you are taking a 10 year loan on it. Instead of getting a truck that costs $50,000 - consider getting a car 1/3 the price and then renting a truck for the one time a year you need a truck. You'll save on the base price of the car, interest on the loan, insurance, gas, etc. Once you realize how big interests and high consumerism levels is whats driven Americas economy, its no wonder it hasnt even been brought up. --- SEXY SEXY! <cite>CARRRNE_ASADA posted [p:950909295] in Why are so... [t:79307764]...</cite> <quote>foxhound101 posted... </cite> <quote>I really wish schools offered/required a course on finances. It doesn't have to be anything overly complicated. But just an explanation on how credit cards, school loans, car loans, housing loans, long term value of a car, etc. Just some over-all better education on putting some thought into your buying decisions. Cars are one of the areas that Americans really, really don't seem to understand the long term finances of. This leads to a never ending debt cycle. No you can't afford the car if you are taking a 10 year loan on it. Instead of getting a truck that costs $50,000 - consider getting a car 1/3 the price and then renting a truck for the one time a year you need a truck. You'll save on the base price of the car, interest on the loan, insurance, gas, etc.</quote> Once you realize how big interests and high consumerism levels is whats driven Americas economy, its no wonder it hasnt even been brought up. --- SEXY SEXY!</quote> ... Copied to Clipboard!
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