Author Topic: Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s  (Read 2572 times)

Marus

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Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s
« on: December 10, 2015, 11:55:13 AM »
https://www.washingtonpost.com/posteverything/wp/2015/12/10/dont-stress-about-your-debt-go-ahead-and-go-broke-in-your-20s/?postshare=9681449760887976&tid=ss_fb-bottom

Not sure why the Washington Post thought this was worth publishing, but figured folks here would get a kick out of it.

Summary: "If you're young, start maxing out your credit cards and having wild experiences!  You'll thank yourself for it later."

pdxbator

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Re: Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s
« Reply #1 on: December 10, 2015, 12:06:00 PM »
Quote
I turned 31 in October and officially paid off all $14,000 in credit card debt. I would’ve finished earlier, but Mexico, San Diego and Vegas called. In a span of two months, I became a bridesmaid (twice) and needed to replace all of my car tires. Cost: $1,590 and some flight credit. Then, my temp job hired me full-time.

Oh gawd. That makes me really sad. Unfortunately I doubt this writer will learn much from her past debt. It sounds like she will be on the path to eventual bankruptcy. She has no emergency fund at all.

Roboturner

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Re: Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s
« Reply #2 on: December 10, 2015, 12:20:09 PM »
https://www.washingtonpost.com/posteverything/wp/2015/12/10/dont-stress-about-your-debt-go-ahead-and-go-broke-in-your-20s/?postshare=9681449760887976&tid=ss_fb-bottom

Not sure why the Washington Post thought this was worth publishing, but figured folks here would get a kick out of it.

Summary: "If you're young, start maxing out your credit cards and having wild experiences!  You'll thank yourself for it later."

UG this is without a doubt the dumbest article ive read - even worse than the last girl writing on the same topic. If you want to be a dumbass with your money/time/life go right ahead, but don't pretend its anything other than complete asshattery, don't try and pull more people onto a losing team.

arebelspy

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Re: Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s
« Reply #3 on: December 10, 2015, 12:25:10 PM »
She somewhat lucked into a good job after being irresponsible. Not sure what the lesson is there.

Thanks for posting though, it was entertaining. :)
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UnleashHell

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Re: Don't Stress About Your Debt! Go Ahead and Go Broke In Your 20s
« Reply #4 on: December 10, 2015, 01:49:38 PM »
My shares in MasterCard love people like this.