According to a new report from TransUnion, Generation Z is racking up debt at a faster rate than millennials did at their age and are reporting higher delinquency rates than previous generations. Editor-in-Chief at Investopedia, Caleb Silver, breaks down this new study and gives advice on how to eliminate debt.
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#GenZ #Millennials #Debt
WE SHOULD BE ASKING WHAT THESE POLITICIANS CAN DO TO MAKE IT MORE FEASIBLE
make what more feasible?
@@Rzamortis a work life balance that doesn’t require you to fall into debt when emergencies come up, affordable houses on the market, health care that doesn’t send you into thousands of dollars in debt. A realistic retirement plan for working Americans. Make having kids more feasible without working so much that you can’t even parent. A job market that has more entry level positions etc.
@@aztr0k1dit’s not always the government fault. Things has changed around the world, youngsters nowadays want to flaunt and buy useless expensive branded stuffs as well. Like in Asia,many countries youth are not planning to get married because they only want to spend for themselves buying stupid stuffs.
Only “help” they can provide is censor the internet to protect GenZ from getting depression from the news or NSFW content: That and other excuses that give the government more authoritarian powers is the only time you’ll see politicians lift a finger to allegedly “protect” young people… if neither your money nor your rights are to be gained, tough luck! Hey you’ll be homeless and die of cold or disease or starvation, but at least you’ll be protected from the immoral lyrics in that rapper’s latest song… we got our priorities straight guys.
😅
The social contract is so hopelessly broken for Gen Z that they’ll grow up just to tear it all down. We have the Boomers to thank for it; the most fortunate and prosperous generation that used their power to ensure it stayed that way at everyone else’s expense.
Here it is…it’s all the Boomers fault. They make Gen Z use DoorDash, buy new cars, spend lavishly on experiences. Yes, always someone else’s fault. They bear no responsibility
This isn’t too crazy considering inflation has gone up much more than 26%, but it’s probably just as painful due to the higher interest rates.
No inflation has not soared way above 26%
Inflation is a little lower than 4% in the United States. Did you confuse that with interest rates?😂 By the way all these companies are price gouging to boost profits while exploiting workers & not raising wages. It’s not solely based on inflation. ✌🏾 Stay informed!
@@thenorseprincedarksavior7536 it’s 26% since 2013 (~10 years ago)
@@rahhjur 🤦🏾♂️
@@rahhjur it’d been 1720% since the year 1800
this guy didnt mention srudent loan
Student loans are easy to pay off. Graduated 2018. Paid off all 46k in 2022
@@thedude5040 how is that? we talk about 1,7 trillion dollars,
@mininigenovesi7333 millions of people with $X0.000s of students loans = 1.7 trillion USD. I was on of the average persons and simply paid back the loans I borrowed from the federal government. You have to remember in America, 90% of all student loans was borrowed directly from the federal government. Zero banks were ever involved.
@@thedude5040cool story.
@@prolific1518 Yep.
Instant gratification generation
It’s not instant gratification the economy is just bad if you haven’t been living under a rock. Millennials and boomers are using credit too
If you use debt wisely it can be a powerful tool to increase your wealth. Gen Z has more financial literacy than the generations before them due to increased access to knowledge. As a Gen Z myself, I do all of my purchases on credit cards and pay them off at the end of the month to maximize cashback and optimize my credit score.
I do that because I know they’re lying about the inflation data and that it’s truly much higher than reported, and so when they cut rates again in the future, i’ll have a good credit score so I can use leverage to purchase assets, and i’ll have real assets that don’t get devalued while the amount of money i have to pay back is either minimal in real terms, or possibly even LESS than what i borrowed in real terms.
@@youreyesarebleeding1368 If Gen Z had more financial literacy, they’d use their money more wisely. Having literacy means nothing if you still make bad decisions
Boomers said this about Millennials. They used to refer to Gen-X as the most destructive generation in human history (this was the 80s). So miss everyone with that mess.
@@lyraserpentine894 Boomers really boom on each generation huh? Calling them doomers now.
This is getting scary.
I’m favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family
Wow that’s huge, how do you make that much monthly?
I’m 37 and have been looking for ways to be successful, please how??
Yeah, since meeting expert Evelyn, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.
I will advise you stop trading on your own if you keep losing. And i don’t trade on my own anymore, I always required help and assistance
She’s a licensed broker here in the states.
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
Young people have realized the math ain’t mathin’ with the current “American Dream”. It’s become way too expensive, and they believe they’ve missed the train. So they’re gonna live their life now. Not saying that’s the right mind set, but maybe the government oligarchs should focus on investing into the youth of this country instead of sending billions to foreign countries.
Exactly
My generation experienced the same economic conditions & had to learn to be frugal.
@@JLTravels not even close to the same, actually. But I do agree there were economic challenges for previous generations.
@@Aunny123your right its not the same back then you didnt have a credit card it was alot harder then today
10000% Right.
These imbeciles talk like money grows on trees and wages are not losing ground to corporate greed and inflation. They are paid corporate propaganda parrots.
Idiots!
I don’t need it but I am so glad I get to reap the benefits of social security paid for by gen Z.
Thanks Gen Z
-Boomer.
Boomers worked and paid in to social security for 40+ years. They were paying in long before you started working.
Well it’s true coming from a genz
I’m lucky enough to pay my credit card every week and have great credit BUT inflation just keeps going up, not down
The value of the dollar is trash now.
Soon we won’t we won’t be able to afford food cause if inflation
Calm down boomer 😅
@@76ersALLDAYokay, zoomer
Am zoomer too
Gen Z : Mom, if you don’t mind, I’m a little busy right now achieving financial independence.
Mom : With credit card loans?
Gen Z : No, through savings and wise investment…. Of course with credit card loans!
Well none of us especially the younger generations have gotten a decent cost of living pay increase in over 25 years meanwhile corporate executives make 100s of millions.
Gen-Z “talks about budgeting” and they don’t spend money on anything as a result …. except for gaming/DVR things, memberships for stuff that just involves talking to robots and Uber Eats all day/everyday….thats why they are in debt but the crazy thing is, they are indebt with things that are considered electives🤣 Not essentials .I’m a borderline millennial/ Gen-Z woman who recently got my debt under control but I know SO many of my peers who would be on the street if their parents were not alive🙄 I kid you not smh
They’re the ones talking about they need to know about finances in school etc etc. yet still they don’t understand or want to understand the basic financial concept of “NOT SPENDING MORE THAN YOU EARN.” Smfh
I agree with April. Some of us know how to use money and others don’t. And the ones that don’t are the one with the Uber Eats/outside to eat, going to cruises, buying new clothes for their 100 wardrobe, have many subscriptions, etc. 💯
@@Billy-rc7xg You just admitted to a $9,000 used car. You think you’re too good for a used 2001 honda civic for $2,000
Majority of women your age would be on the street if it wasn’t for only fans and having kids so welfare protects them.
I’m 27 and I’ll admit that everyone in my age group is regarded when it comes to money.
Try as hard as possible to be a 50-year-old trust fund kid.
Exactly. Be rich. If you ain’t rich, then just become wealthy. If you can’t do that, then just live as if you’re wealthy. Image is everything; health is wealth; might is right.
Troubling for sure!!! Spendthrift nation! Teach financial best practices at home & school.
Even recently wages have not kept up. It’s been way behind for the average person since the 90s net crash maybe longer.
Inflation 2.7% a year? Think he misplaced a decimal
2.7 is the long term average you dunce
Just like our government.
Gen-Z really needs to stop subscribing to all those services and using their phones to pay for literally everything. They are so hoodwinked by corporatins its unreal.
We learned from our leaders “USA”. Ask the government if they pay off their debt “NOPE”. They just keep printing and sending money every where else. Imagine if the public can do that
is this inflation adjusted?
Um….. DUH 😅
Im just gonna keep taking out credit cards and loans and lice like a king. As long as i make minimum payments, im set.
I live in a 4,000 sqft house with a pool and hot tub. I drive a $70,000 Lexus. I eat at 5 star restaurants at least twice a week ans i vacation to europe every year. I have a total of over $160K in total debt but come on. Im NEVER gonna repay it 😅😅😅
O yea this depression will be a great reset 👍🏿
Nice. Now let’s look at Federal Reserve balance sheet.
The wealthy and powerful are permitted to ignore all laws, regulations, guidelines, budgets, etc. They don’t count. I mean, the story of the incredible, intelligent, all-powerful, all-knowing Chump family should tell you everything you need to know! Ya gotta be like THEM. Literal Gods and Goddesses amongst peons and plebs. We’re lucky that they exist on this mortal plane.
Poor gen Z; the prices are high thats why they cannot get rid of debt or even purchase food without credit. Who cares about the min or max??! They are phase out they want to enjoy their lives but cannot really with nothing being low cost or free. They always want to charge them an arm and leg for everything. I’m a millennial I learn and search around cuz i was abled to in my day but these kids cannot catch a break. Car needs repairs or bike whatever they use even the bus routes I’ve noticed be charging not for weekly rides but for monthly or daily. Even there they are phase out…ebikes are like more than $900 ridiculous?!
Dollar plus stores disappearing. Self checkout too.
Can’t go into credit card debt if you don’t have a credit card. #DaveRamsey
Or as Caleb hammer says, most people are not a credit card person. I’ve never paid a cent of interest my entire adult life, but many people are not able to have absolute self control with a credit card. Often my card is 40-90% maxed out, but it doesn’t matter because my checkbook has 12x the limit in cash. I do find myself more often just using a debit card for big purchases.
My family made millions investing in houses in Hawaii, San Jose and Merced. They all graduated from medical school and graduate schools.
Their government is sterling example of frugality! 😂 who are we to lecture them?
Yeah, difference is government has unlimited access to money, individuals don’t 😀
Y’all some brokies lol
did you tell them, to never fall for that s. to own it. to buy the home.
Lets make this abundantly clear once and for all on how a real mature adult uses Credit Cards properly, the way they were always meant to be used! What would make someone a actual Credit Card person? The first step is to find and obtain a Credit Card that has some kind of an actual rewards benefit to you, that will actually benefit you in some way, shape, or form whether that’s cashback or airline miles that add up that you will actually use later on in life. So, Credit Cards that can benefit you with a little extra in some way. If there are no extra rewards, its a bad Credit Card choice. Second, for those who aren’t aware there are different level Credit Cards, usually levels 1-3, but some Credit Unions do have a level 4. These different Credit Card levels usually indicate experience, higher credit limit, and an increase in reward benefits. For example, I once had a level one Rewards Credit Card with a 0.5% cashback rewards and then as my Credit Scores increased I qualified for a level three Rewards Credit Card which increased my cashback rewards from 0.5% to 1.5%. Three, in order to use all Credit Cards responsibly you have to know what the Max Credit Limit is for each card, you have to know the APR interest rate for each card and is it currently active on each card? Next you need to know or figure out what is 30% of your Max Credit Limit for each card? For example, if your Max Credit Limit is $2K, then 30% of that is $600. Those who are Credit Card people and who use them responsibly and wisely, spend no more than 30% or less of their Max Credit Limit per month and then pay off the Total Balance for each Credit Card when its time to pay, without fail. Because this process is the recommendation of all 3 Credit Bureaus. Credit Card responsible people don’t spend money on a Credit Card they don’t physically have sitting in their personal checking accounts. They won’t go spend $5K on a Credit Card when they only have $1K or $2K in their personal checking account because a Credit Card is not free money, its just an extension of your bank account. And if you leave a remainder balance on the Credit Card because you couldn’t afford to payoff the total balance when its due, then the APR interest gets multiplied by the remainder balance which means you just lost more money out of your pocket and gave it away for free to your bank, that’s how they make there money off of you by hoping and preying that you will be irresponsible so they can continuously make money off of you! The only time one should spend more than 30% of there Max Credit Limit is when its an “Emergency Situation” and you have no other choice because these situations are usually one off situations. If you continue this proper process consistently for 6-12 months it will begin to massively affect and improve your 3 different Credit Scores in a positive way. Those who are Masters of this process, of having a high Credit Limit but only use 30% or less each month, do so repeatedly. Because they have great patience and discipline and live within their means. These are the type of people who obtain 800 or higher Credit Scores within a year or two of use of this consistent process! And then those who finally reach 800 or higher Credit Scores on average spend 10% or less per month of there Max Credit Limit and yes this even goes for having two or more Credit Cards. If you have two or more you need to be spending 30% or less for each of the Credit Cards but also spending 30% or less of the combined Max Credit Limit of all your cards. After so long of doing this proper process with Credit Cards it will increase your Credit Scores, it will increase the different levels of Credit Cards you can obtain, and it will increase your overall Max Credit Limit over time as well. For example, in the past few years one of my first level 3 Credit Cards went from a $5K Max Credit Limit, to a $6500 Max Credit Limit, and then a little over a year later it increased again from $6500 to currently $7800 Max Credit Limit, which did allow me to increase my spending on how much I can charge on the card but still remain under either the 30% or now 10% amount. You can wait for this increase on your Max Credit Limit to occur naturally over time or as your Credit Scores increase by about a 100 points or more over time you can call up your bank that you got the Credit Card from and they can pull a hard copy of your Credit Score to see if you qualify for either a higher level Credit Card or an increase in your Max Credit Limit of your current Credit Card. Also, if you don’t own a business you shouldn’t have more than 3 Credit Cards Max in your pocket because after that Creditors begin to see you as high risk, unless you bring-in major 6-7 figures for your household income. These are the hints, tips, and tricks of proper use of Credit Cards that one should learn within your Senior year in High School but you don’t! And yes, I know what I’m talking about because 2/3 of my current Credit Scores are above 800 and the other one is currently high 790’s. If anyone is interested I have my own YouTube Channel under my Full-Name with the same profile picture as this post. I currently have 248 Subscribers, 45 videos, covering 25 different topic category subjects sharing my personal adulthood knowledge and experiences to help others if I can. I have content on several Financial Literacy advice videos on things like proper detailed use of Credit Cards and how Credit Scores really work and how these two things intertwine with one another, to include a dozen Cooking Creation Recipe videos, Utility Bill Life Hacks video, Building oneself a high quality 24-72 Hour Survival Bug Out Bag videos, and Home and Vehicle Preparedness and Readiness advice video for Emergency Preparedness Management for one unpredictable future dealing with more extreme weather from global warming!
this is obvious as inflation rises. there is only way and it is up. data would be better showing debt relative to income. this data does not show much
“We out here”
Me at Gen Z with a $40,000 credit line across 5 credit cards, a $915 balance across that line and a 771 Credit Score….
I have a 776 with only $7.4K line I don’t need anymore than that I rarely spend anyways. I save and invest most of my money as a Gen Z
Carrying a small amount of debt ($100-1000) on a credit card into the next billing cycle DOES increase your credit score, and it doesn’t cost you anything if you always pay off your balance in full, within your grace period, usually around 25 days. If you have no reported credit usage on your credit cards, then the credit reporting companies can’t tell if you actually use your credit. So if they see a small amount of utilization then they are happy and your score goes up. It sounds dumb, but that’s how their models work, you can test it out on most banking websites with their credit score simulators. Chase has a pretty good one.
Horrible advice. No credit cards. No debt. Make a budget.
Sounds like you have it all figured out, tough guy. But I doubt your four short sentence fragments hold any legitimate meaning or actual authority.
You can be responsible and do those things with a credit card. It’s my only line of credit atm and I never missed a payment while being within a budget. Just remember to look at your budget regularly and pay attention to your cash flow.
Yes, but their spending habits are atrocious. Just watched a financial audit video of a broke 23 year old who spent over $900 at Taco Bell in a month.
So sad $900 for garbage food.
I had a friend whom spend half of her paycheck on star bucks
the boomers have more debt than millennials & gen z & the boomers made all the problems for gen y & gen z
Well they’re sooo left wing it’s obvious. More Bodenfmation!
Let the dead build the pyramids 😂
I dont blame them. Marketing is top notch compared to 2013 and so is social media integration.
THEY ARE SHEEP OF COURSE ITS THEIR FAULT FOR BEING SO EASILY MANIPULATED
Hey loser . Still waiting for proof on byd .
As long as tax payers aren’t on the hook to bail them out…spend away Gen Z
I’m very blessed to have a very kind parents during these hard times 😔.
Gen Z is experiencing Ramen Noodle Bankruptcy. I could not have made it if I was their age and in their income bracket today.
I call it “Ramen Noodle Bankruptcy” I can’t believe the cost of rent today and the fact that these post college jobs want to still pay $35K a year. This isn’t 2003 and that is not a livable wage.
35K? Picked the wrong major. My kids came out at 65K and 105K 6 to 8 years ago. Look in the mirror and complain. Everyone wants to blame someone else. Buck up and work hard.
@@zoner__ “picked the wrong major” tell that to the old man that never had a drop of college education that supported 10 kids on 1 paycheck. It has nothing to do with picking the wrong major. Job gains since 2018 have all went to foreign born people. Your kids are lucky they got started early. If they lose their jobs they won’t get another 1 for that same amount.
@@zoner__Ok Boomer.
Lies
Rinse em
I get why they think they have to carry over credit card debt each month. One time I paid them off completely, and whatever I charged each month I continued to pay off. So, the credit bureau just thought I stopped charging period, and my score dropped. Technically the credit cards knew I was still using them, but it seemed that if the bureau couldn’t report a charge and then a pay off the next month it just assumed I wasn’t using them and lowered my score. 🙅♀
If you pay off your CC debt each month, they need to work infinitely harder to soak you for coin. You’ll be punished for it. The system is stacked against you no matter WHAT moves you make. 🙄
Trust me; I’ve been pretty much debt-free for decades. It’s brought me nothing but poverty and trouble, lol! 😂🤣😂 But it’s good to know that no matter what I do, I cannot get ahead nor am I permitted to break FREE. Because of this, I stopped bothering to play the game of existence. I simply do not care anymore. Life or d34th, this or that, event X or Y this week or next… meh… NBD. 💪😎✌️
He said it. The YOLO attitude. They are entitled and want what their parents worked 30 years to have.
They didn’t “work” for it, many of the Fang stocks that were $$7 to $10 in 2010 are now worth $700 or more. Houses have gone from $400,000 in 2006 to 2.2 million today in my neighborhood in San Francisco. These aren’t results of “hard work”, they are results of being born at the right time as so to be able to invest in assets that are massively over inflated.
How could they not have more debt because of student loans & very high auto & home prices. My 23 y/o son is dumbfounded when I talk about how much mom & I paid for things when we got married in the late 90’s.
Yep I took a class at college for what it costs to take a family of four to a movie and McDonald’s today.
you got this gen z you’re the future
Gen Z is Doom Spending. We know the collapse is near, Social Security and Retirement funding will run out so we will not be able to retire at all. So might as well live now or never
Next presidential candidate will run on forgive credit card debt the same way Biden did with student loans.
Spending $100 a week on chicken, bread, broccoli, potatoes, and milk is tough. I spend about $350-$400 on food at the grocery store each month. I remember when that wasn’t the case when I was a kid. $100 would probably get me a whole month’s worth of food back then. Life’s tough.
Pay it in full or don’t use it!
It’s quite simple
No, we don’t say to carry a balance every month. You don’t understand it either, like most Americans. We say to let the balance post on your statement, and then pay it off IN FULL every month.
Millenials are not expected to live past 50.
Normal reaction from the following generation.
Add to it the long term effects of Covid.
That makes the retirement age of 60 a joke 🥱
Living below your means is the key.
What’s “behind this” is they’re spending more money than they make
😂 the same people that say the cant live on minimum wage…
It’s literally impossible smooth brain. Minimum wage qualifies for government assistance. So basically taxpayers are subsidizing corporations (even more).
mainstream media slowly pushing the hate towards gen z instead of millenials. look at that cherry picked data statistic…
Another billion dollars to Ukraine will probably fix this
why stop at billion? go for trillion
If you use inflation adjusted dollars they have less debt than millennials… The cumulative rate of inflation from 2013-2023 according to the Bureau of Labor Statistics is north of 30%.
Exactly. The only category that is actually more is mortgage. Nobody seems to want to talk in real terms, probably because of the shock value of nominal numbers.
sheesz !!!
gen z = the ultimate spenders!!!
wow all cash plus credit cards
💸 💰 🤑 💲 😂😂😂😂😂
“yolo” + “revenge spending “
If you pay off all your credit card every month, carrying nothing over, the banks will start offering you loans without your asking. This allows you to even negotiate lower rates than advertised because they’re coming to you for business
Millennials are the generation that has been through it with our parents. My parents went into debt and constantly yelling and fighting over money. Now I’ve learned from my parents that I will never argue about money or put myself in that position.
GenZ on the other hand, they’re having a tough time because of the inflation, job market, and college degree is required on everything.
A nation of debt slaves, by design
I YOLO Party on ……
Lol just maxxing out because it the end of the economy
I’ve avoided debt of nearly any kind for decades. But it doesn’t matter; you don’t get *sheet* for doin’ that! 😂 Ultimately, what young generations understand is that families like the Chumps live like kings and queens. They’re Gods and Goddesses amongst paupers and peasants (you know, people like those who comment on YT such as myself). 💪😎✌️ If you want to WIN, you gotta cheat. Steal. Lie. Take. Stack things against others whilst building yourself up. Do unto others before THEY get wealthy and powerful and tromp all over YOU. Health is wealth; might is right. Image and popularity rule it all, baby! #ChumpUniversity101
GenZ are the only ones sane enough to realize it’s ridiculous to do actual work at this day and age: Don’t like a lot of things about them but at least in that they got it right.
Inflation is the reason why Gen Z is in debt. The cost of living keeps going up and salaries are not going up.
What a bunch of disingenuous garbage
Gen z don’t care becuase they know they can just use the bankruptcy card lol.
Of course they do. There’s a huge gap of brain functionality missing between the two. But it’s not their fault, they grew up with the smartphone doing everything for them. Blame Apple.
Just spend your money, because there’s no future 😂
real
Yep right I’m gen z and I’m 16,000 in debt now 10,000 of that is a car loan but still
I think mortgage shouldn’t be included in the list of these ‘debts’ since it’s a way to build wealth unlike those other debts
it’s still debt lol
Poor economics. Read the book. It just shows we are poor
Gen z is in debt because they pay to change their gender.
I’m shocked at how many americans just willingly bought into the idea that everyone should be in debt. Even when i i was only 18 i understood that having no debt would make life less stressful.
The minimum wage in Texas is 7.25. The average rent in Texas is $1600 a month. Gen Z isn’t lazy, dumb or “big spenders” they literally can’t afford to live. How are they supposed to get work experience and rise up the ladder, spend within your means or save when you have $300 every month to pay for food, gas, entertainment, utilities, phone bill, internet… Like no wonder this generation wants to give up… its impossible to survive within the current conditions of the labor market
Millennial Reasonable Life: food, rent/housing, occasional entertainment, vacation every 2-3 years.
GenZ Reasonable Life: eating out for every meal, owning a 2500 sf home, vacation in Cabo every year, luxury brand clothes.
Keep on spending 🤣. Cry me a river why you have no savings and can’t buy a home 😮
Not 30% credit card utilization. WRONG.
9% or less utilization is optimal.
The fastest credit building cards are from Chase, because they report mid- cycle AND end-cycle each month when a card is paid off.
They say 30% because that’s how much utilization is weighed when calculating your score. Anything above means that your debt-to-limit ratio is too high. That can impact your score.
Knowing this, I’ve set up a text alert for when I go over 15%.
@@DarkenedTributary-po4mv Try stepping down 2% at a time from 15% to 3% while keeping everything else controlled. Watch your score. BTW, 0.6% is rounded up to 1% utilization.
This is stupid as far as the data. Having 16% DTI is really good if you’re a homeowner, but really bad if you’re not. They need to differentiate between mortgage debt and non-mortgage debt.
STOP FORGIVING LOANS THESE KIDS ARE LAZIER THAN EVER !! I’m only 30 and I’m already sick of them
I’m 37. There numbers increasing sounds bad but this is just looking at nominal numbers. If you take inflation into account the balances are less in real terms with the exception of mortgages.
2+2= 4,000,000! Huh?
What is the capital of NJ and CA ? If you got that right you stand a chance of good credit, if you had no idea, whats your score ?
Get involved or grow a garden, anyone can join a community garden 🌿🍃🍃🍃🍃🍃🍃🍃!.
This comment section is riddled with people that are allergic to deep diving into the financial elements that plague all citizens in this country. Poor people making fun of other poor people. Sad
As far as I’m concerned it’s related to peer pressure on social media and the mentality of instant gratification with the thought that you’ll make a lot of money down the line to eliminate the debt. As a older millennial I’ll say don’t fall for the trap, save the money first and then buy what you can afford and need. Also if you’re planning on having a kid, live extremely thrifty for 6 months to 9 months before your child is born. Use the money for them as needed, you’ll thank me later.
I would say your auto debt number is way off. It’s way higher 💯
Artificially low interest rates punish everybody
So nobody could have guessed that a generation who needs “trigger warnings” and “safe spaces” would have no idea how real life works?