20 Year Olds Dealing With Debt
with debt from credit cards and unpaid student loans. Managing personal finances can be difficult when you must handle expenses like insurance, business clothes, transportation, car payments, and more while still trying to have savings to meet your long-term goals such as buying a house or planning for retirement. For more personal finance tips, please visit www.usnews.com … personal finance tips advice managing finances young professionals credit card debt student loans US News World Report …
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July 19th, 2008 at 3:24 pm
I agreed with the video up until the part about paying the highest interest rate card first. Apparently the person who made this video has never heard of dave ramsey. The interest rate is not the problem it is the behavior that got the person there in the first place. It is better to use the debt snowball method in order to have small victories very fast. The small victories create incentive and motivation to do the same with the next debt. The behavior not the math is the problem!!!
December 20th, 2008 at 1:44 am
Do people’s parents not teach them this stuff? Mine did, apparently my brother didn’t learn though.
January 26th, 2009 at 3:45 pm
Go to school to get an education to become successful, but pay enormous ammounts to do so, then when it leds you a degree of success in life, forget that you’ve achieved and simply pay money to creditors who are living it up at the expense of a bunch of 20yr olds…
And how is capitolism better for America? I thought we were supposed to have freedom and be able to have the american dream… gues I’m wrong.
February 1st, 2009 at 9:13 pm
you know whats fucked up, a lot of european countries send their children to college for free. And in highschool, schools compete for students..which results in better education (think of it as fast food restatrants competing for you to eat there by making better food)
March 28th, 2009 at 8:13 pm
lol theres a credit card ad on the page.
shameless fucks
June 10th, 2009 at 12:20 pm
Consult the Chinese also
July 12th, 2009 at 12:56 am
American college grads dread having to live with their parents after college. But I’ve met Italian 20-somethings who say they’ll have to live with their parents until age 33.
August 8th, 2009 at 11:04 pm
grow up girl.
August 16th, 2009 at 8:56 pm
Yes and in some countries in Europe like Spain and France they have unemployment rates of under 25 year olds in excess of 20%
August 19th, 2009 at 3:30 pm
i HATE credit cards!!!
September 20th, 2009 at 11:03 pm
so whats the moral of this story get a college degree and hope for the best?
October 19th, 2009 at 2:10 pm
become a stripper they make good money
December 4th, 2009 at 7:01 pm
No the moral is that college is an investment. 55k in debt for an art degree is simply a bad investment!
Common sense huh?
January 1st, 2010 at 12:57 pm
Italians are content being mooches.