Good idea Lisa, but not unless you’ve taught them how to stay out of debt in the future. In other words, don’t give them the fish without first teaching them to fish. Otherwise, it’ll be all for naught and heartache!
Good idea Lisa, but not unless you’ve taught them how to stay out of debt in the future. In other words, don’t give them the fish without first teaching them to fish. Otherwise, it’ll be all for naught and heartache!
Yes. We bailed both of our sons out. Now they are no better of and we are that much poorer. Furthermore neither one of them wants anything to do with us now because we "don't understand". Understand what? Living within your means is just common sense which neither one of them seems to have.
I’m sorry to hear that Peter. I hope they didn’t go out and buy new cars! It’s the number ONE reason most families stay slaves to debt. I’ll be praying for your family.
Not only that, but you don't even want a new car these days as they're all set up to spy on your every move and apparently there's talk of adding a 'kill switch' so that you won't even be able to drive it...
Absolutely, I wouldn’t want one on a bet! Although, I’ve got a nephew who owns a Mercedes Benz (I think) and he used his kill switch when it was stolen and the cops found them on the side of the road, through the GPS system! In that case, it worked out for him but I still wouldn’t buy one! So the kill switches are already there. I think his was about 5yrs old but I can’t remember exactly.
They see a society that has very little financial smarts and emulate them. Young folk are susceptible to peer pressure, look at their friends, are they spendthrifts?
I guess it's the million dollar question... whether or not the market's going to continue to tank. Some say that it reached it's high. Of course, I have no idea! I'm just thinking that even with a 5% loss - wouldn't everyone rather have used those funds to help someone out instead of just having them disappear into the ether?
Good idea Lisa, but not unless you’ve taught them how to stay out of debt in the future. In other words, don’t give them the fish without first teaching them to fish. Otherwise, it’ll be all for naught and heartache!
Yes. We bailed both of our sons out. Now they are no better of and we are that much poorer. Furthermore neither one of them wants anything to do with us now because we "don't understand". Understand what? Living within your means is just common sense which neither one of them seems to have.
I’m sorry to hear that Peter. I hope they didn’t go out and buy new cars! It’s the number ONE reason most families stay slaves to debt. I’ll be praying for your family.
Not only that, but you don't even want a new car these days as they're all set up to spy on your every move and apparently there's talk of adding a 'kill switch' so that you won't even be able to drive it...
Absolutely, I wouldn’t want one on a bet! Although, I’ve got a nephew who owns a Mercedes Benz (I think) and he used his kill switch when it was stolen and the cops found them on the side of the road, through the GPS system! In that case, it worked out for him but I still wouldn’t buy one! So the kill switches are already there. I think his was about 5yrs old but I can’t remember exactly.
They see a society that has very little financial smarts and emulate them. Young folk are susceptible to peer pressure, look at their friends, are they spendthrifts?
I guess it's the million dollar question... whether or not the market's going to continue to tank. Some say that it reached it's high. Of course, I have no idea! I'm just thinking that even with a 5% loss - wouldn't everyone rather have used those funds to help someone out instead of just having them disappear into the ether?