Why do boomers not understand debt? - "I don't want to be broke"

  • Want to keep track of this thread?
    Accounts can bookmark posts, watch threads for updates, and jump back to where you stopped reading.
    Create account
PaleTay

PaleTay

kiwifarms.net
Joined
Aug 25, 2020
I've known quite a few middle aged people who will have savings which exceed their credit card debt, but will make the minimum payments for years on their debt. No their savings aren't out-earning their debt, no they wouldn't be struggling if they paid off their debt, they just don't want to see the number go down.
 
Sort by date Sort by votes
There's a theory about boomers considering numbers on a screen to be "less real" because they didnt grow up looking at computer screens.
 
Upvote 0 Downvote
You must log in or register to reply here.
Back
Top Bottom