No. of Recommendations: 15
I have to say something. People who write in here, wanting help, advice, support and have debt because they need help, not because they want others to slap their hands.

I also disagree with: "Only you caused this problem, and only you can solve it. because it makes it sound like all the debtee is 100% to blame, always and forever amen. Where you cannot place blame on others for your debt, there are some reasons that are really hard to not incur debt. Education is one. It's low interest, it was necessary to further a life and career but it can hang over your head. Health care is another. Over and over you hear of people who have horrible health care bills and have to put it on a credit card. I was afraid to not have insurance when I was unemployed, so I paid $300/month COBRA. That's was $300 less I didn't have and probably charged groceries instead.

The other problem is that some people are simply never educated well on financial matters. High school and college courses never teach anyone how to manage a budget, finances, and save for retirement (well, at least my schools never taught that).

Please don't assume that people in debt are reckless spenders void of all self-discipline. If we were, we wouldn't be reading this board.

End of lecture. Thank you.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.