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Old 07-05-2009, 07:18 PM   #5 (permalink)
pctec
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Quote:
Originally Posted by htmlbasictutor View Post
That's my point.

If kids were taught to not live beyond their means then they wouldn't get hooked on living on credit.

Some so called "experts" say that credit is the only thing keeping the economy going these days. I tend to disagree however... I am sure a lot of bankers and other people who give credit would feel the pain if everyone stopped borrowing money but the economy would equalize...

Personally, I would like to see people of all ages learn the lesson about staying out of debt and not just the kids. I learned... the hard way
Now I am debt free and own my home mortgage free...

I love it!
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