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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: How we raise our children Date:  3/21/2011  4:03 PM
Author:  ishtarastarte Number:  301467 of 312777

I think first hand experience of Hard Money, growing up, makes a person a little more cautious as an adult about where to incur debts.

I think so, too.

As related elsewhere, C recently declared that she didn't want any student loans because she heard they're really bad. Then asked me if it would be ok to take out just enough to cover books, because she heard books were expensive.

This lead into a great discussion about different kinds of debt, interest rates, and bankruptcy.

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